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2010-07-10"e-Finanse" in CEJSHIt is our pleasure to inform you that beginning with the 02/2010 edition ...
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2009-09-22Seminar ‘Anatomy of a crisis. Causes – course of events – effects,’ and a meeting of the Program Council of ‘e-finanse’ on the occasion of its fifth year of existenceIt is with great satisfaction that we publish this special edition of ...
The engineering features of option financial instruments are considered as the research areas which have not been well-recognised so far. It is a result of segmentation for science disciplines preserved years ago which directs series of restrictions. Especially because of ambiguity for option classifications and lack of technical thoughts not only dedicated to object-oriented paradigm. The option style is not considered as an universal instrument feature (which indicates execution possibilities). Moreover there is still a little knowledge on some versions ofcomputational processes which could limit IT equipment requirements and cut theirs cost. The author's intention is to contribute to the discussion a few propositions in a prospect of lattice methods and option instruments. What tendencies could be identified in realizations of computation time and pricing function for the option in relation to change for some definitions e.g. risk source distribution or set of time points? What is the impact of execution features for pricing function of the option and the relation between mentioned execu¬tion features and computation time of some algorithm - in a given lattice configuration? How to configure the lattice with a respect to execution features of the option? And how it affects on pricing function of the option in different variants of lattice configuration? This is the set of questions which constitutes the direction of the research done and described in the ar¬ticle. Experimentally proven and presented trial of finding the answers enables the modulation of option features and leads to selection of the proper figure for its computational processes.