English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Complex financial instruments are a central concept for the survival of financial enterprises in liberalized markets. The need for fast pricing of more complex and exotic financial products led to the development of new algorithms, and to the parallelization of existing algorithms. In this paper, we present a parallelization scheme for pricing path-dependent interest rate products on bounded trinomial lattices. The basic building block presented in this paper can be used to build more complex pricing schemes. The paper is concluded by a set of numerical results concerning the speedup of the proposed parallelization scheme.

Parallelization of Pricing Path-Dependent Financial Instruments on Bounded Trinomial Lattices