- Practice SQL concepts by writing queries and perform your own data visualization and analysis.
- Gain insights on Entity Relationship Model and how to implement in your business environment.
- Series of question banks and case-studies to develop strong hold on RDBMS concepts.
Relational Database Management Systems In-Depth brings the fundamental concepts of database management systems to you in more elaborated learning with conceptual clarity of RDBMS.
This book brings an extensive coverage of theoretical concepts on types of databases, concepts of relational database management systems, normalization and many more. You will explore exemplification of Entity Relational Model concepts that would teach the readers to design accurate business systems. Backed with a series of examples, you can practice the fundamental concepts of RDBMS and SQL queries including Oracle’s SQL queries, MySQL and SQL Server.
In addition to the illustration of concepts on SQL, there is an implementation of crucial business rules using PL/SQL based stored procedures and database triggers.Finally, by the end of this book there is a mention of the useful data oriented technologies like Big Data, Data Lake etc and the crucial role played by such techniques in the current data driven decisions.
Throughout the book, you will come across key learnings and key terms that will help you to understand and revise the concepts learned.
What you will learn
- Depiction of Entity Relationship Model with various business case studies.
- Illustration of the normalization concept to make the database stronger and consistent.
- Designing the successful client-server applications using PL/SQL concepts.
- Learning the concepts of OODBS and Database Design with Normalization and Relationships.
Who this book is for
This book is meant for academicians, students, developers and administrators including beginners and readers experienced in some other programming languages and database systems.
Table of Contents
1. Database Systems Architecture
2. Database Management System Models
3. Relational query languages
4. Relational Database Design
5. Query Processing and Optimization
6. Transaction Processing
7. Implementation Techniques
8. SQL Concepts
9. PL/SQL Concepts
10. Collections in PL/SQL
11. What Next?
The main objective of this book is to provide the necessary background to analyze cryptocurrencies markets and prices. To this end, the book consists of three parts: the first one is devoted to cryptocurrencies markets and explains how to retrieve cryptocurrencies data, how to compute liquidity measures with these data, how to calculate bounds for Bitcoin (and cryptocurrencies) fundamental value and how competing exchanges contribute to the price discovery process in the Bitcoin market. The second part is devoted to time series analysis with cryptocurrencies and presents a large set of univariate and multivariate time series models, tests for financial bubbles and explosive price behavior, as well as univariate and multivariate volatility models. The third part focuses on risk and portfolio management with cryptocurrencies and shows how to measure and backtest market risk, how to build an optimal portfolio according to several approaches, how to compute the probability of closure/bankruptcy of a crypto-exchange, and how to compute the probability of death of crypto-assets.
All the proposed methods are accompanied by worked-out examples in R using the packages bitcoinFinance and bubble.
This book is intended for both undergraduate and graduate students in economics, finance and statistics, financial and IT professionals, researchers and anyone interested in cryptocurrencies financial modelling. Readers are assumed to have a background in statistics and financial econometrics, as well as a working knowledge of R software.
Note from the Author
Given the content which is full of R code and formulas, I strongly advise the reader to consider only the paper version of this book. The kindle version was created by compiling the original R-markdown/latex file into an epub file, where all formulas were transformed into figures. Unfortunately, the limitations of the epub format strongly decreased the quality of the final epub book compared to the original high-quality pdf file used for the paper version of the book. Despite these issues, several people asked me for a digital copy so there is one <a href=”https://amzn.to/2W3nzPx”>available here</a>.
Written by expert teachers and researchers in the field, this book presents quantitative finance theory through applications to specific practical problems and comes with accompanying coding techniques in R and MATLAB, and some generic pseudo-algorithms to modern finance. It also offers over 300 examples and exercises that are appropriate for the beginning student as well as the practitioner in the field.
This title is divided into four parts. Part One begins by providing readers with the theoretical backdrop needed from probability and stochastic processes. We also present some useful finance concepts used throughout the book. In part two of the book we present the classical Black-Scholes-Merton model in a uniquely accessible and understandable way. Implied volatility as well as local volatility surfaces are also discussed. Next, solutions to Partial Differential Equations (PDE), wavelets and Fourier transforms are presented. Several methodologies for pricing options namely, tree methods, finite difference method and Monte Carlo simulation methods are also discussed. We conclude this part with a discussion on stochastic differential equations (SDE’s). In the third part of this book, several new and advanced models from current literature such as general Levy processes, nonlinear PDE’s for stochastic volatility models in a transaction fee market, PDE’s in a jump-diffusion with stochastic volatility models and factor and copulas models are discussed. In part four of the book, we conclude with a solid presentation of the typical topics in fixed income securities and derivatives. We discuss models for pricing bonds market, marketable securities, credit default swaps (CDS) and securitizations.
- Classroom-tested over a three-year period with the input of students and experienced practitioners
- Emphasizes the volatility of financial analyses and interpretations
- Weaves theory with application throughout the book
- Utilizes R and MATLAB software programs
- Presents pseudo-algorithms for readers who do not have access to any particular programming system
- Supplemented with extensive author-maintained web site that includes helpful teaching hints, data sets, software programs, and additional content
Quantitative Finance is an ideal textbook for upper-undergraduate and beginning graduate students in statistics, financial engineering, quantitative finance, and mathematical finance programs. It will also appeal to practitioners in the same fields.
This book provides both conceptual knowledge of quantitative finance and a hands-on approach to using Python. It begins with a description of concepts prior to the application of Python with the purpose of understanding how to compute and interpret results. This book offers practical applications in the field of finance concerning Python, a language that is more and more relevant in the financial arena due to big data. This will lead to a better understanding of finance as it gives a descriptive process for students, academics and practitioners.
Master the features of C++ that are frequently used to write financial software for options and derivatives, including the STL, templates, functional programming, and numerical libraries. This book also covers new features introduced in C++20 and other recent standard releases: modules, concepts, spaceship operators, and smart pointers.
You will explore how-to examples covering all the major tools and concepts used to build working solutions for quantitative finance. These include advanced C++ concepts as well as the basic building libraries used by modern C++ developers, such as the STL and Boost, while also leveraging knowledge of object-oriented and template-based programming. Options and Derivatives Programming in C++ provides a great value for readers who are trying to use their current programming knowledge in order to become proficient in the style of programming used in large banks, hedge funds, and other investment institutions. The topics covered in the book are introduced in a logical and structured way and even novice programmers will be able to absorb the most important topics and competencies.
This book is written with the goal of reaching readers who need a concise, algorithms-based book, providing basic information through well-targeted examples and ready-to-use solutions. You will be able to directly apply the concepts and sample code to some of the most common problems faced in the analysis of options and derivative contracts.
- Discover how C++ is used in the development of solutions for options and derivatives trading in the financial industry
- Grasp the fundamental problems in options and derivatives trading
- Converse intelligently about credit default swaps, Forex derivatives, and more
- Implement valuation models and trading strategies
- Build pricing algorithms around the Black-Sholes model, and also using the binomial and differential equations methods
- Run quantitative finance algorithms using linear algebra techniques
- Recognize and apply the most common design patterns used in options trading
The computational demand of risk calculations in financial institutions has ballooned and shows no sign of stopping. It is no longer viable to simply add more computing power to deal with this increased demand. The solution? Algorithmic solutions based on deep learning and Chebyshev tensors represent a practical way to reduce costs while simultaneously increasing risk calculation capabilities. Deep Learning and Tensoring Risk Calculations: A Practitioner’s View provides an in-depth review of a number of algorithmic solutions and demonstrates how they can be used to overcome the massive computational burden of risk calculations in financial institutions.
This book will get you started by reviewing fundamental techniques, including deep learning and Chebyshev tensors. You’ll then discover algorithmic tools that, in combination with the fundamentals, deliver actual solutions to the real problems financial institutions encounter on a regular basis. Numerical tests and examples demonstrate how these solutions can be applied to practical problems, including XVA and Counterparty Credit Risk, IMM capital, PFE, VaR, FRTB, Dynamic Initial Margin, pricing function calibration, volatility surface parametrisation, portfolio optimisation and others. Finally, you’ll uncover the
benefits these techniques provide, the practicalities of implementing them, and the software which can be used.
- Review the fundamentals of deep learning and Chebyshev tensors
- Discover pioneering algorithmic techniques that can create new opportunities in complex risk calculation
- Learn how to apply the solutions to a wide range of real-life risk calculations.
- Download sample code used in the book, so you can follow along and experiment with your own calculations
- Realize improved risk management whilst overcoming the burden of limited computational power
Quants, IT professionals, and financial risk managers will benefit from this practitioner-oriented approach to state-of-the-art risk calculation.
Learn to trade algorithmically with your existing brokerage, from data management, to strategy optimization, to order execution, using free and publicly available data. Connect to your brokerage’s API, and the source code is plug-and-play.
Automated Trading with R explains automated trading, starting with its mathematics and moving to its computation and execution. You will gain a unique insight into the mechanics and computational considerations taken in building a back-tester, strategy optimizer, and fully functional trading platform.
The platform built in this book can serve as a complete replacement for commercially available platforms used by retail traders and small funds. Software components are strictly decoupled and easily scalable, providing opportunity to substitute any data source, trading algorithm, or brokerage. This book will:
- Provide a flexible alternative to common strategy automation frameworks, like Tradestation, Metatrader, and CQG, to small funds and retail traders
- Offer an understanding of the internal mechanisms of an automated trading system
- Standardize discussion and notation of real-world strategy optimization problems
What You Will Learn
- Understand machine-learning criteria for statistical validity in the context of time-series
- Optimize strategies, generate real-time trading decisions, and minimize computation time while programming an automated strategy in R and using its package library
- Best simulate strategy performance in its specific use case to derive accurate performance estimates
- Understand critical real-world variables pertaining to portfolio management and performance assessment, including latency, drawdowns, varying trade size, portfolio growth, and penalization of unused capital
Who This Book Is For
Traders/practitioners at the retail or small fund level with at least an undergraduate background in finance or computer science; graduate level finance or data science students
Computational Finance Using C and C#: Derivatives and Valuation, Second Edition provides derivatives pricing information for equity derivatives, interest rate derivatives, foreign exchange derivatives, and credit derivatives. By providing free access to code from a variety of computer languages, such as Visual Basic/Excel, C++, C, and C#, it gives readers stand-alone examples that they can explore before delving into creating their own applications. It is written for readers with backgrounds in basic calculus, linear algebra, and probability. Strong on mathematical theory, this second edition helps empower readers to solve their own problems.
- Features new programming problems, examples, and exercises for each chapter.
- Includes freely-accessible source code in languages such as C, C++, VBA, C#, and Excel.
- Includes a new chapter on the history of finance which also covers the 2008 credit crisis and the use of mortgage backed securities, CDSs and CDOs.
- Emphasizes mathematical theory.
“I recommend this book to anyone who needs a strong reference on the computational aspects of financial calculations. The reader will find not only all the relevant computer codes in Visual Basic/Excel, C++, C, and C#, but also the required theory for a better understanding of financial concepts.” —Francois-Eric Racicot, University of Ottawa
“This is a book with equal coverage of financial mathematics, derivatives, and computer programming. It will be a welcome addition to any student’s or practitioner’s library.” —Yuh-Dauh Lyuu, National Taiwan University
“The use of derivatives for hedging possible finance risks became extremely popular due to the globalisation of international trade. This book provides for readers interesting linkage of theoretical background for valuation of all types of derivatives with their practical impact. Professional valuers would appreciate the 8th chapter dealing with C# portfolio pricing app. Very topical is the last chapter dealing with 2008 credit crisis. I would like to strongly recommend this book for publishing.” — Jiri Strouhal, University of Economics Prague and President of Association of Czech Professional Accountants