IDEAS home Printed from https://ideas.repec.org/h/spr/sprfcp/978-3-642-01808-4_10.html
   My bibliography  Save this book chapter

Exotic Options with Stochastic Volatilities

Author

Listed:
  • Jianwei Zhu

    (Lucht Probst Associates)

Abstract

Exotic option is a common name for a number of options either with an unconventional payoff structure or with a complicated probability structure (i.e., path-dependent options). There is a long list of financial derivatives belonging to this class: barrier options, Asian options, correlation options, spread options, exchange options, clique options etc. Most of them are generated in the course of the expansion of the financial derivative business since the 1970s, and are referred to as second generation options although some exotic options, for example, barrier options, are as old as standard European-style options, and are traded in over-the-counter (OTC) markets. Recently, this situation has somehow changed. The American Stock Exchange trades quanto options while the New York Mercantile Exchange provides spread options.

Suggested Citation

Handle: RePEc:spr:sprfcp:978-3-642-01808-4_10
DOI: 10.1007/978-3-642-01808-4_10
as

Download full text from publisher

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a
for a similarly titled item that would be available.

More about this item

Keywords

;
;
;
;
;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprfcp:978-3-642-01808-4_10. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.