Overview

The course provides an overview of the most important classes of financial contracts that are traded either on exchanges of over-the counter between financial institutions and their clients. We discuss option of European and American style, futures contracts and forward contracts. The basic ideas of arbitrage pricing are studied in … For more content click the Read More button below. Subsequently, we analyse the valuation and hedging of European and American options and general contingent claims. We also prove the so-called fundamental theorems of asset pricing for finite models of security markets which furnish a theoretical underpinning of the modern theory of derivatives pricing in stochastic models of security markets.

Delivery

Fully online - Standard (usually weekly or fortnightly)

Course Outline

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Fees

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)