A derivative is a financial instrument that derives its value from an underlying asset. The underlying asset can be equity, currency, commodities, or interest rate. Thus, a change in the underlying ...

Transactions of the American Mathematical Society, Vol. 263, No. 2 (Feb., 1981), pp. 493-500 (8 pages) Let $\Delta'$ be the class of all derivatives. The main goal of this paper is the investigation ...

Liz Manning has researched, written, and edited trading, investing, and personal finance content for years, following her time working in institutional sales, commercial banking, retail investing, ...

Discover how Central Counterparty Clearing Houses (CCPs) enhance trading security by mitigating counterparty risk and ensuring trade completion in derivatives and equities markets.

THE new I.B.M. Automatic Sequence Controlled Calculator at Harvard was recently described in Nature (158, 567; 1946). The volume now before us contains the first of a series of tables produced by the ...