Finextra

Pricing Partners adds local and stochastic volatility model to Price-it Library

Eric Benhamou, CEO of Pricing Partners comments: "With this new local and stochastic volatility model, Price-it© library stays above the curve in terms of derivatives pricing models. The "generic" ...
Bloomberg L.P.

Exotic derivatives and Local Stochastic Volatility (LSV)

The ability to compute exotic greeks is important in explaining profit and loss statements, but what is the best way to calculate them effectively? In a virtual talk for the Bloomberg Quant (BBQ) ...
Investopedia

Local Volatility in Options Pricing: Key Insights and Applications

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Investopedia

Heston Model Explained: Stochastic Volatility & Option Pricing

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...