Risk management is essential in a modern financial services industry. Derivative instruments like options have a particular status. Appropriate derivatives allow financial service providers to redistribute risks towards others. The process of creating customer tailored derivatives is not wellinvestigated today. With the financial information system (FIS) WARRANT-PRO-2 derivative prices are comp...

With China’s progressive multi-level capital market strategic direction, as well the gradual implementation of mixed operation commercial banks. Derivative financial instruments will be further developed in This paper focuses on information disclosure derivative by banks, combined with standard off-balance-sheet international instruments, using index and project ratio to analyze listed banks ou...

The pricing of options, warrants and other derivative securities is one of the great success of financial economics. These financial products can be modeled and simulated using quantum mechanical instruments based on a Hamiltonian formulation. We show here some applications of these methods for various potentials, which we have simulated via lattice Langevin and Monte Carlo algorithms, to the p...

* This article is a revised version of a lecture that was delivered to the Canadian Bankers Association in December 2003. apital markets and their related financial instruments make an important contribution to the welfare of Canadians. Canada’s equity, bond, foreign exchange, and derivative markets allow households to channel their savings to the productive investments of firms and governments...