• DocumentCode
    1269418
  • Title

    Implementing option-pricing models using software synthesis

  • Author

    Gatheral, James ; Epelbaum, Yonathan ; Han, Jinino ; Laud, Kishor ; Lubovitsky, Olga ; Kant, Elaine ; Randall, Guri

  • Volume
    1
  • Issue
    6
  • fYear
    1999
  • Firstpage
    54
  • Lastpage
    64
  • Abstract
    By considering a simplified version of a pricing model recently implemented at Merrill Lynch, the authors demonstrate the power of software synthesis technology and examine some of the issues associated with integrating synthesized model code into a production system
  • Keywords
    commodity trading; costing; financial data processing; option-pricing models; software synthesis; synthesized model code; Costs; Globalization; Instruments; Investments; Mathematical model; Portfolios; Power system modeling; Pricing; Production systems; Security;
  • fLanguage
    English
  • Journal_Title
    Computing in Science & Engineering
  • Publisher
    ieee
  • ISSN
    1521-9615
  • Type

    jour

  • DOI
    10.1109/5992.805136
  • Filename
    805136