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 The Financial Mathematics of Market Liquidity: From Optimal Execution to Market Making. Olivier Gueant

The Financial Mathematics of Market Liquidity: From Optimal Execution to Market Making


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ISBN: 9781498725477 | 304 pages | 8 Mb

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Overview

This book is devoted to mathematical models for execution problems in finance. The main goal is to present a general framework (inspired from the Almgren-Chriss approach) for optimal execution problems, and then to use it in a wide range of areas. The book covers applications to the different types of execution proposed within the brokerage industry. It also presents applications to block trade pricing, to portfolio management and to option pricing.