Este libro intermedio explora el funcionamiento de los mercados financieros, presentando instrumentos financieros y novedades de la ingeniería financiera. Es ideal para profesionales en instituciones financieras que buscan entender en profundidad las dinámicas y mecanismos de negociación en el ámbito internacional.
Advanced mathematics is utilized to model financial markets in this comprehensive exploration of quantitative finance. The book begins with detailed exercises covering equity, commodity, currency, fixed-income, and credit derivatives, providing a solid foundation. It further delves into complex applications, including the multifactor Heath-Jarrow-Morton model and the uncertain volatility model by Avellaneda-Levy-Paras. Readers will find algorithms and programming codes to verify theoretical results and create their own models, making it a practical resource for aspiring quantitative analysts.