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Bruno Dupire
Bruno Dupire (born 1958) is a researcher and lecturer in quantitative finance. He is currently Head of Quantitative Research at Bloomberg LP. He is best known for his contributions to local volatility modeling and Functional Itô Calculus. He is also an Instructor at New York University since 2005, in the Courant Master of Science Program in Mathematics in Finance. Early life and education Dupire is an alumnus of École normale supérieure Paris-Saclay. He received a master's degree in artificial intelligence from the Pierre and Marie Curie University and his Ph.D. in numerical analysis from the Pontifical Catholic University of Rio de Janeiro. Local volatility Dupire is best known for showing how to derive a local volatility model consistent with a surface of option prices across strikes and maturities, establishing the so-called Dupire's approach to local volatility for modeling the volatility smile. The Dupire equation is a partial differential equation (PDE) that links the cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quantitative Finance
Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling in the financial field. In general, there exist two separate branches of finance that require advanced quantitative techniques: derivatives pricing on the one hand, and risk and portfolio management on the other. Mathematical finance overlaps heavily with the fields of computational finance and financial engineering. The latter focuses on applications and modeling, often with the help of stochastic asset models, while the former focuses, in addition to analysis, on building tools of implementation for the models. Also related is quantitative investing, which relies on statistical and numerical models (and lately machine learning) as opposed to traditional fundamental analysis when managing portfolios. French mathematician Louis Bachelier's doctoral thesis, defended in 1900, is considered the first scholarly work on math ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Risk (magazine)
''Risk'' is an English financial industry trade magazine that specializes in financial risk management, regulation, and asset management. Since its establishment in 1987 by Peter Field, it has undergone ownership changes, transitioning from the Risk Waters Group to Incisive Media and now to Infopro Digital. The magazine's editorial team includes Kris Devasabai as editor-in-chief. Additionally, Risk organizes industry events and has a sister publication, Asia Risk. The magazine shifted to a digital-only format in June 2022 and is accessible through its website and app. Risk.net Risk.net is a news and analysis website covering the financial industry, with a particular focus on regulation, derivatives, risk management, asset management, and commodities. Risk.net publishes widely reported stories and analytical articles. Risk.net's financial coverage includes operational risk, accounting, Fundamental Review of the Trading Book, structured products, valuation adjustments, financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Paris Alumni
A university () is an institution of tertiary education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase , which roughly means "community of teachers and scholars". Universities typically offer both undergraduate and postgraduate programs. The first universities in Europe were established by Catholic monks. The University of Bologna (), Italy, which was founded in 1088, is the first university in the sense of: *being a high degree-awarding institute. *using the word (which was coined at its foundation). *having independence from the ecclesiastic schools and issuing secular as well as non-secular degrees (with teaching conducted by both clergy and non-clergy): grammar, rhetoric, logic, theology, canon law and notarial law.Hunt Janin: "The university in medieval life, 1179–1499", McFarland, 2008, , p. 55f.de Ridder-Symoens, Hilde''A History of the University in Europe: Volume 1, Universities i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monte Carlo Methodologists
Monte may refer to: Places Argentina * Argentine Monte, an ecoregion * Monte Desert * Monte Partido, a ''partido'' in Buenos Aires Province Italy * Monte Bregagno * Monte Cassino * Montecorvino (other) * Montefalcione Portugal * Monte (Funchal), a civil parish in the municipality of Funchal * Monte, a civil parish in the municipality of Fafe * Monte, a civil parish in the municipality of Murtosa * Monte, a civil parish in the municipality of Terras de Bouro Elsewhere * Monte, Haute-Corse, a commune in Corsica, France * Monte, Switzerland, a village in the municipality Castel San Pietro, Ticino, Switzerland * Monte, U.S. Virgin Islands, a neighborhood * Monte Lake, British Columbia, Canada Arts, entertainment, and media * ''Monte'' (film), a 2016 drama film by Amir Naderi * Three-card Monte * Monte Bank or Monte, a card game Other uses * Monte (dessert) a milk cream dessert produced by the German dairy company Zott * Monte (mascot), the mascot of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Economists
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
21st-century American Mathematicians
File:1st century collage.png, From top left, clockwise: Jesus is Crucifixion of Jesus, crucified by Roman authorities in Judaea (17th century painting). Four different men (Galba, Otho, Vitellius, and Vespasian) Year of the Four Emperors, claim the title of Emperor within the span of a year; The Great Fire of Rome (18th-century painting) sees the destruction of two-thirds of the city, precipitating the empire's Persecution of Christians in the Roman Empire#Neronian persecution, first persecution against Christians, who are blamed for the disaster; The Roman Colosseum is built and Inaugural games of the Flavian Amphitheatre, holds its inaugural games; Roman forces Siege of Jerusalem (70 CE), besiege Jerusalem during the First Jewish–Roman War (19th-century painting); The Trưng sisters Trung sisters' rebellion, lead a rebellion against the Chinese Han dynasty (anachronistic depiction); Boudica, queen of the British Iceni leads Boudican revolt, a rebellion against Rome (19th-century ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilmott Magazine
''Wilmott Magazine'' is a mathematical finance and risk management magazine, combining technical articles with humor pieces. Each copy of ''Wilmott'' is 11 inches square, runs about 100 pages, and is printed on glossy paper. The magazine has the highest subscription price of any magazine. ''Esquire''. 16 July 2007. Retrieved 4 March 2017. Content and contributors ''Wilmott'' has a section with technical articles on , but includes quantitative financial comic strips, and lighter articles. ''Wilmott'' magazine's regular contributors include[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derivative (finance)
In finance, a derivative is a contract between a buyer and a seller. The derivative can take various forms, depending on the transaction, but every derivative has the following four elements: # an item (the "underlier") that can or must be bought or sold, # a future act which must occur (such as a sale or purchase of the underlier), # a price at which the future transaction must take place, and # a future date by which the act (such as a purchase or sale) must take place. A derivative's value depends on the performance of the underlier, which can be a commodity (for example, corn or oil), a financial instrument (e.g. a stock or a bond), price index, a price index, a currency, or an interest rate. Derivatives can be used to insure against price movements (Hedge (finance)#Etymology, hedging), increase exposure to price movements for speculation, or get access to otherwise hard-to-trade assets or markets. Most derivatives are price guarantees. But some are based on an event or p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partial Differential Equation
In mathematics, a partial differential equation (PDE) is an equation which involves a multivariable function and one or more of its partial derivatives. The function is often thought of as an "unknown" that solves the equation, similar to how is thought of as an unknown number solving, e.g., an algebraic equation like . However, it is usually impossible to write down explicit formulae for solutions of partial differential equations. There is correspondingly a vast amount of modern mathematical and scientific research on methods to numerically approximate solutions of certain partial differential equations using computers. Partial differential equations also occupy a large sector of pure mathematical research, in which the usual questions are, broadly speaking, on the identification of general qualitative features of solutions of various partial differential equations, such as existence, uniqueness, regularity and stability. Among the many open questions are the existence ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg LP
Bloomberg L.P. is an American privately-held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Bank of America through its brokerage subsidiary Merrill Lynch. Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and an equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product. Bloomberg L.P. also includes a news agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines: ''Bloomberg Businessweek'' and ''Bloomberg Markets''. As of 2019, the company has 176 locations and nearly 20,000 employees. History In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
