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 ...

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

Mathematical methods and special functions have long served as the backbone of modern theoretical physics and applied mathematics. These tools enable researchers to solve complex differential ...

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 ...