FINANCIAL New & Notable Titles

New Edition of Bestselling Textbook An Introduction to Securities, Financial Markets, and (2nd Edition) by Robert Jarrow (Cornell University, USA) & Arkadev Chatterjea (Indiana University, USA)

“I have read the whole book and I find it an This introductory textbook on derivatives Robert Jarrow Arkadev Chatterjea excellent book. It’s a great blend of theory and the and risk management is accessible in terms ‘institutional’ aspects of derivatives trading.” of the concepts as well as the . Rafael de Santiago With its perspective, the book is IESE Business School, Spain closely connected to real markets, showing how macroeconomic forces have shaped the “This book is a great resource for a rigorous introduction to derivatives, both pricing and markets, explaining the major derivative pricing markets. There is sufficient and current institutional models using algebra and introductory calculus, detail where required, and pricing and market showing students how to implement these models behaviour is regularly tied back to regulations and using basic and elementary Excel institutional features for a better understanding of spreadsheet skills, and discussing the uses of the interplay between those factors. The natural derivatives while warning against their abuses. progression from equities to interest rate models is unique to this book. Thanks to an elaborate set 724pp Mar 2019 of detailed examples, references to relevant case 978-1-944659-55-4 US$138 £120 studies, a full set of worked solutions to problem sets and slides, using this book means reduced prep time without sacrificing the students’ learning Textbook: Request Inspection experience.” Thijs van der Heijden Copy at [email protected] University of Melbourne

Financial Engineering Selected Works of Alexander Lipton by Alexander Lipton (MIT Connection Science, USA)

“Alex Lipton revolutionized financial engineering Edited by Alexander Lipton (Quant of the Year, over a phenomenal career lasting multiple decades. 2000), this volume is a collection of Lipton’s While he is by no means done, this book takes stock important and original papers on financial of this magnificent achievement.” engineering written over his 20-year career as Peter Carr a preeminent quant working for leading financial New York University institutions in New York, Chicago, and London. The papers cover topics ranging from the volatility “Alex Lipton, a great scholar and a very experienced smile problem, credit risk, macroeconomics and practitioner, has put together an impressive book monetary circuit, and exotic options, summarizing that commands respect by both its technical mastery Lipton’s fundamental contributions to these areas. and the breadth of topics it covers.” Bruno Dupire 632pp Jul 2018 Head of Quantitative Research, Bloomberg LP 978-981-3209-15-2 US$188 £165

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New Edition of Bestselling Textbook Advanced Theories by Ser-Huang Poon (Manchester University, UK) Metals and Energy Finance For PhD finance courses in business schools, there (2nd Edition) is equal emphasis placed on mathematical rigour Application of Quantitative Finance Techniques as well as economic reasoning. Advanced Finance to the Evaluation of Minerals, Coal and Theories provides modern treatments to five key Petroleum Projects areas of finance theories in Merton’s collection of by Dennis L Buchanan & Mark H A Davis continuous time work, viz. portfolio selection and (Imperial College London, UK) capital market theory, optimum consumption and This new edition has been comprehensively revised intertemporal portfolio selection, option pricing with a new chapter on Quantitative Finance and three additional case studies. theory, contingent claim analysis of , intertemporal CAPM, Contemporary themes in the revised edition include the current focus on and complete market general equilibrium. Where appropriate, lectures the transition from open pit to underground mining as well as the role of real notes are supplemented by other classical text such as Ingersoll (1987) and option valuations applied to marginal projects that may have value in the materials on stochastic calculus. future.This innovative textbook is clear and concise in its approach. Both 228pp May 2018 authors have extensive experience within the academic environment at a 978-981-4460-37-8 US$78 £69 senior level as well as track records of hands-on participation in projects within the natural resources and financial services sectors. 328pp Jan 2019 A Dynamic Use of Survey Data 978-1-78634-587-5 US$108 £95 and High Frequency Model 978-1-78634-627-8(pbk) US$58 £50 Forecasting edited by Yoshihisa Inada (Konan University, Japan & Asia Pacific Institute of Research, Japan) Textbook This volume investigates the accuracy and dynamic Optimization Theory performance of a high-frequency forecast model A Concise Introduction for the Japanese and United States economies by Jiongmin Yong (University of Central Florida, USA) based on the Current Quarter Model (CQM) or Mathematically, most of the interesting optimization High Frequency Model (HFM) developed by the late problems can be formulated to optimize some Professor Emeritus Lawrence R. Klein. It also presents a survey of recent objective function, subject to some equality and/or developments in high-frequency forecasts and gives an example application inequality constraints. This book introduces some of the CQM model in forecasting Gross Regional Products (GRPs). classical and basic results of optimization theory, 128pp May 2018 including nonlinear programming with Lagrange 978-981-3232-36-5 US$68 £60 multiplier method, the Karush – Kuhn – Tucker method, Fritz John’s method, problems with convex or quasi-convex constraints, and linear programming with geometric method and simplex method. Market Microstructure in Practice 236pp Jul 2018 (2nd Edition) 978-981-3237-64-3 US$78 £69 edited by Charles-Albert Lehalle (Capital Fund Management, France & Imperial College London, UK) & Sophie Laruelle (Université Paris-Est Modern Trends in Financial Engineering - Vol 2 Créteil, France) Stochastic Drawdowns “Lehalle and Laruelle bring [their] experience to by Hongzhong Zhang (Columbia University, USA) bear on every aspect of the discussion, as well as deep quantitative understanding. The resulting Stochastic Drawdowns consists of some recent book is a unique mixture of real market knowledge advances on Dr Hongzhong Zhang’s own and theoretical explanation. There is nothing else quantitative research of the well-known risk out there like it, and this book will be a central resource for many different measures, drawdowns and maximum drawdowns. market participants.” In this book, the author provides an extensive Robert Almgren probabilistic study of different aspects of drawdown President and Cofounder of Quantitative Brokers, New York risks, which include the drawdown risk in finite In this second edition, the authors have added a large section on orderbook time-horizons, the speed of market crashes (drawdowns), the frequency dynamics, showing how liquidity can predict future price moves, and how of drawdowns, the occupation time (time in distress), and the duration High Frequency Traders can profit from it. The section on market impact has of drawdowns. Leveraging the knowledge in stochastic calculus, Lévy also been updated to show how buying or selling pressure moves prices not processes and optimal stopping, these topics can be considered as only for a few hours, but even for days, and how prices relax (or not) after problems in advanced applied stochastic processes, and insurance/financial a period of intense pressure. mathematics. 368pp Mar 2018 256pp Jul 2018 978-981-3231-12-2 US$78 £69 978-981-3141-63-6 US$98 £85

Textbook: Request Inspection Copy at [email protected]

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Textbook A Practical Approach to XVA The Evolution of Derivatives Valuation Probability and Statistics for Economists after the Financial Crisis by Yongmiao Hong (Cornell) by Osamu Tsuchiya (Simplex Inc., Japan) This textbook covers probability theory and statistical theory This book presents a clear and in a coherent framework that will be useful in graduate studies concise framework and provides key in economics, statistics and related fields. As a most important considerations for the computation feature, this textbook emphasizes intuition, explanations and of myriad adjustments to the price of applications of probability and statistics from an economic financial derivatives, to fully reflect costs. perspective. XVA has been of great interest recently 592pp Jan 2018 due to heavy funding costs (FVA), initial margin (MVA) and capital requirements (KVA) required to sustain 978-981-3228-81-8 US$118 £104 a derivatives business since 2008, in addition to the traditional concepts of cost from counterparty default or credit deterioration Brazen (CVA), and its mirror image — the cost of one own’s default Big , Swap Mania and the Fallout (DVA). The book takes a practitioner’s perspective on the above by A Rashad Abdel-khalik concepts, and then provides a framework to implement such (University of Illinois at Urbana-Champaign, USA) adjustments in practice. Models are presented too, taking note of what is computationally feasible in light of portfolios typical of Many non-profits engaged in costly, disastrous undertakings investment banks, and the different instruments associated with with Interest Rate Swaps (IRS), unaware that these contracts these portfolios. have only one winner, and that big banks had no intention of being the losers. The book examines how there is no evidence 250pp Aug 2019 that these officials fully understood the complexities of IRS 978-981-3272-73-6 US$98 £85 contracts, i.e., the contracting parties did not have equal bargaining power, implying an unconscionable contract. Also, the huge sums of money big banks had collected for termination, were taken Handbook for services that had not been, and will never be, rendered. Could one then consider Handbook of Energy Finance these termination payments tantamount to unjust enrichment? Theories, Practices and Simulations 500pp Mar 2019 edited by Duc Khuong Nguyen (IPAG Business School, France 978-981-3275-56-0 US$98 £85 & Indiana University, USA) & Stéphane Goutte (University Paris 8, France) Risk and Stochastics Modeling the dynamics of energy markets has become a Ragnar Norberg challenging task. The intensification of their financialization since edited by Pauline Barrieu 2004 had made them more complex but also more integrated (London School of Economics and Political Science, UK) with other tradable asset classes. More importantly, their large This collection of articles is written by respected academics and frequent fluctuations in terms of both prices and volatility, who have influenced and been influenced by the life and particularly in the aftermath of the global financial crisis 2008- work of Professor Norberg. Celebrated in this book are his 2009, posit difficulties for modeling and forecasting energy price professional and academic achievements, most significantly behavior and are primary sources of concerns for macroeconomic the instrumental work he put into setting up the world- stability and general economic performance. This handbook aims renowned Risk and Stochastics Group at the London School to advance the debate on the theories and practices of quantitative of Economics (LSE). Subjects covered include discussion of energy finance while shedding light on innovative results and risk measurements, ruin constraint, supporting stable pensions, filtration in discrete technical methods applied to energy markets. Its primary focus is time, Riesz means and Beurling moving averages and orthonormal polynomial on the recent development and applications of mathematical and expansions. quantitative approaches for a better understanding of the stochastic processes that drive energy market movements. 250pp Apr 2019 978-1-78634-194-5 US$85 £71 800pp Sep 2019 978-981-3278-37-0 US$228 £200 Handbook Textbook World Scientific Handbook in Series Handbook of Heavy-Tailed Distributions in Investment Analytics and Risk Management Revolutionizing Professional Investment with Artificial Intelligence, by Michele Leonardo Bianchi (Banca d’Italia, Italy), Stoyan V Stoyanov (Stony Brook University, USA), Big Data, and Cloud Computing Gian Luca Tassinari (University of Bologna, Italy), by Bernard Lee (HedgeSPA, USA) Frank J Fabozzi (EDHEC Business School, France) & Investment Analysis is consists of Sergio M Focardi (Léonard De Vinci University, France) illustrations that are “real-world”, practical In this book, the authors are primarily concerned with the investment problems and is a textbook statistical properties of heavy-tailed distributions and with the processes that exhibit designed for: jumps. A detailed overview with a Matlab implementation of heavy-tailed models applied • Advanced undergraduates hoping to acquire a solid introduction in asset management and risk managements is presented. The book is not intended to investment analytics used by the asset management industry as a theoretical treatise on probability or statistics, but as a tool to understand the • Graduate students with backgrounds in engineering main concepts regarding heavy-tailed random variables and processes as , seeking to move into investment-related roles to real-world applications in finance. Accordingly, the authors review approaches • Investment professionals taking a deep professional education and methodologies whose realization will be useful for developing new methods for module to get up to date on the advanced investment analytics forecasting of financial variables where extreme events are not treated as anomalies, used by leading global asset managers. but as intrinsic parts of the economic process. 250pp Sep 2019 433pp May 2019 978-981-4725-35-4 US$98 £81 978-981-3274-91-4 US$148 £130 978-981-4730-45-7(pbk) US$48 £40

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Modern Trends in Financial Engineering Quantum Methods in Social Science Employee Stock Options A First Course Exercise Timing, Hedging, and Valuation by Emmanuel Haven (University of Leicester, UK), by Tim Leung (University of Washington, USA) Andrei Khrennikov (Linnaeus University, Sweden) & Terry Robinson (University of Leicester, UK) In this exciting book, the author discusses the practical and challenging problems surrounding Shown here is how basic concepts of physics can Employee stock options (ESOs) from a financial be used to improve models in finance, economics, mathematician’s perspective. This book provides psychology and biology. Readers are introduced a systematic overview of the contractual features to how physical theory can inform non-physical of ESOs and thoughtful discussions of different phenomena in the social sciences, thereby valuation approaches, with emphasis on three major aspects: (i) hedging improving decision making and modeling capabilities in research-based and strategies; (ii) exercise timing; and (iii) valuation methodologies. In addition professional settings.Quantum Methods in Social Science is a high level to addressing each of these categories, this book also highlights their textbook for advanced undergraduate or graduate students of economics, connections and combined effects of the cost of ESOs to firms, as well as finance and business, while also being of interest to those with a background examines the implications to modeling and valuation approaches. The book in physics. features a unique approach that combines stochastic modeling and control 276pp Aug 2017 techniques with option pricing theory, and provides formulas and numerical 978-1-78634-276-8 US$88 £73 schemes for fast implementation and clear illustration. 978-1-78634-277-5(pbk) US$58 £35 180pp Sep 2019 978-981-3209-63-3 US$88 £73 Textbook Theoretical Foundations for Textbook Quantitative Finance Financial Mathematics for by Luca Spadafora (Università Cattolica del Sacro Cuore, Italy) & Gennady P Berman (Los Alamos Actuaries (2nd Edition) National Laboratory, USA & New Mexico by Wai-Sum Chan (The Chinese University Consortium, USA) of Hong Kong, Hong Kong) & Yiu-Kuen Tse (Singapore Management University, Singapore) “Spadafora and Berman present the fundamentals of quantitative finance focusing on pricing and Financial Mathematics for Actuaries is a textbook risk management problems from a practical and for students in , quantitative a methodological point of view. This book can be recommended both to finance, financial engineering and quantitative risk graduate students approaching finance for the gentle introduction to the main management and is designed for a one-semester undergraduate course. subjects aided by the necessary mathematical tools, and to practitioners, Covering the theories of interest rates, with applications to the evaluation which may value the convincing presentation of recent developments in of cash flows, the pricing of fixed income securities and the management the field.” of bonds, this textbook also contains numerous examples and exercises Andrea Pallavicini and extensive coverage of various Excel functions for financial calculation. Head of Equity, FX and Commodity Models, Banca IMI, Italy Discussions are linked to real data, such as historical term structure, and traded financial securities. 224pp Jun 2017 372pp Oct 2017 978-981-3202-47-4 US$78 £65 978-981-3224-66-7 US$138 £121 978-981-3224-67-4(pbk) US$45 £40 Bestselling Textbook R in Finance and Economics Textbook A Beginner’s Guide by Abhay Kumar Singh (Edith Cowan University, Quantitative Financial Analytics Australia & David Edmund Allen (University of The Path to Investment Profits Sydney, Australia) by Edward E Williams & John A Dobelman (Rice University, USA) “One of the best R guides on the market! Although written for beginners, advanced users also will This book provides a comprehensive treatment of learn a lot.” the important aspects of investment theory, security Ostap Okhrin analysis, and portfolio selection, with a quantitative Dresden University of Technology, Germany emphasis not to be found in most other investment texts. The statistical analysis framework of markets This book provides an introduction to the statistical software R and its and institutions in the book meets the need for advanced undergraduates and application with an empirical approach in finance and economics. It is graduate students in quantitative disciplines, who wish to apply their craft to specifically targeted towards undergraduate and graduate students. It the world of investments. In addition, entrepreneurs will find the volume to provides beginner-level introduction to R using RStudio and reproducible be especially useful. It also contains a clearly detailed explanation of many research examples. recent developments in portfolio and capital market theory as well as a thorough procedural discussion of security analysis. Professionals preparing 264pp Feb 2017 for the CPA, CFA, and or CFP examinations will also benefit from a close 978-981-3144-46-0 US$68 £56 scrutiny of the many problems following each chapter.

620pp Sep 2017 Textbook: Request Inspection 978-981-3224-24-7 US$158 £139 Copy at [email protected] 978-981-3224-25-4(pbk) US$78 £69

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Textbook Textbook Deep Dive into Financial Models An Introduction to Modeling Risk and Uncertainty Quantitative Finance by Mathieu Le Bellac (BRED , France) & A Three-Principle Approach Arnaud Viricel (Natixis, France) by Christopher Hian Ann Ting Since 2007, the repeated financial crises around the world have (Singapore Management brought to the headlines financial practices and models considered University, Singapore) to fuel the economic instabilities. Deep Dive into Financial Models: “Christopher Ting belongs to the Modeling Risk and Uncertainty comes handy in demystifying select group of finance academics the underlying quantitative finance concepts. With a limited use who are able to wade into the of mathematical formalism, the book explains thoroughly the models, their hypotheses, messiness of the real world and distil truth from theory. The principles and other building blocks. A particular care is given to model limitations and their book reflects his ability to straddle both worlds and would be misuse for investment strategies, asset pricing, or risk management. Its reader-friendly highly recommended for this reason alone. As a bonus, he is nature provides readers with a head start in quantitative finance. also an entertaining writer and able to make complex topics accessible to a wider audience.” 232pp Jan 2017 Philip FERNANDEZ 978-981-3143-71-5 US$98 £81 Managing Director, DBS Bank 978-981-3142-10-7(pbk) US$48 £40 272pp Nov 2015 978-981-4704-30-4 US$65 £54 The Economic Foundations of Risk Management Model Risk in Financial Theory, Practice, and Applications Markets by Robert Jarrow (Cornell) From Financial Engineering “The book is an ideal complement to existing monographs to Risk Management on financial risk management ... a tour of risk types and risk by Radu Tunaru management principles is presented in a terse, no-fuss manner. (University of Kent, UK) Plenty of pointers to additional literature are given, allowing the Model Risk in Financial Markets: interested reader to go deeper into any of the topics presented.” From Financial Engineering to Risk Newsletter of the Bachelier Finance Society Management seeks to change the current perspective on model 208pp Jan 2017 innovation, implementation and validation. This book 978-981-3147-51-5 US$75 £62 presents a wide perspective on model risk related to financial 978-981-3149-96-0(pbk) US$38 £32 markets, running the gamut from financial engineering to risk management, from financial mathematics to financial statistics. It combines theory and practice, both the classical Quantitative Finance and Risk Management and modern concepts being introduced for financial (2nd Edition) modelling. Quantitative finance is a relatively new area of A Physicist’s Approach research and much has been written on various directions by Jan W Dash (Bloomberg LP, USA) of research and industry applications. In this book the reader gradually learns to develop a critical view on the fundamental Review of the First Edition: theories and new models being proposed. “... this document brings a wealth of practical information on how work is done in real world financial markets, and covers 384pp Aug 2015 an impressive number of topics, ranging from management and 978-981-4663-40-3 US$142 £118 computer system issues to research themes whose potential applications are yet to be explored. It can prove a useful tool to Global Derivative anyone already well acquainted with the basics of , including financial mathematicians, but also quantitative analysts wishing to learn more of the fundamentals Debacles (2nd Edition) without paying too high a price in mathematical prerequisites.” From Theory to Malpractice Mathematical Reviews by Laurent L Jacque (Tufts University, USA & HEC 1000pp Jul 2016 School of Management, France) 978-981-4571-23-4 US$138 £115 Reviews of the First Edition: “This timely and well-written book Derivatives Algorithms (2nd Edition) is a ‘ must read’ for anyone directly Volume 1: Bones or indirectly involved in financial by Tom Hyer markets and instruments as well as risk management. By Reviews of the First Edition: telling actual stories of how rogue traders and incompetent “Aristotle once said ‘ Those who know, do. Those who understand, managers put their firms at risk, the author demystifies the teach’ . The quantitative finance community is very lucky that Tom complex world of financial derivatives. His incisive and in- Hyer, who both knows and understands, has written this short depth analysis of all major derivatives debacles should help book. It covers a lot of ground and shows the why and the how the reader understand what happened and avoid future of industrial-scale derivatives pricing and risk management. This disasters.” book is a must for practitioners, and useful for academics as well.” Gabriel Hawawini Alexander Lipton The Henry Grunfeld Professor of Investment Banking Co-Head of the Global Quantitative Group, Bank of America Merrill Lynch INSEAD and Visiting Professor of Mathematics, Imperial College London 368pp Jul 2015

348pp Nov 2015 978-981-4663-24-3 US$99 £87 978-981-4699-51-8 US$82 £68 978-981-4699-89-1(pbk) US$60 £52

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World Scientific Lecture Notes in Economics and Policy - Vol 1 Handbook Textbook Financial Derivatives World Scientific Handbook in Financial An Undergraduate Introduction to Futures, Forwards, Swaps, Options, Corporate Economics Series - Vol 4 Financial Mathematics (3rd Edition) Securities, and Credit Default Swaps Handbook of the Fundamentals of by J Robert Buchanan (Millersville University, by George M Constantinides (University of Financial Decision Making (In 2 Parts) USA) Chicago Booth School of Business, USA) edited by Leonard C MacLean (Dalhousie “This book provides an ideal introduction to University, Canada) & William T Ziemba Derivatives markets are an important and (University of British Columbia, Canada) basic topics in financial mathematics not only growing segment of financial markets and play for undergraduates studying mathematical “These two parts contain a superb collection of an important role in the management of risk. related subjects, but also graduates in finance. It papers covering the fundamental topics of asset strikes an excellent balance between exposition This invaluable set of lecture notes is meant to pricing theory. Organized from the basic theories and mathematical technicality. The author has be used in conjunction with a standard textbook to complex optimal dynamic trading strategies, produced a first-rate textbook that will become on derivatives in an advanced undergraduate or these readings are a complete one-stop and a classic read.” John G O’Hara MBA elective course on futures, forwards, swaps, essential set of references for any serious scholar University of Essex, UK options, corporate securities, and credit default or user of these models.” Robert Jarrow swaps. It covers the foundations of derivatives 484pp Sep 2012 Cornell University pricing in arbitrage-free markets, develops 978-981-4407-44-1 US$74 £61 the methodology of risk-neutral valuation, and 940pp Jul 2013 discusses hedging and the management of risk. 978-981-4417-34-1(Set) US$98 £81 NOTABLE TITLES 232pp Feb 2015 The Adventures of a Modern Renaissance 978-981-4618-41-0 US$88 £73 Textbook Academic in Investing and Gambling William T Ziemba (UBC) 978-981-4618-42-7(pbk) US$45 £37 Financial Hacking Elements of Stochastic Modelling (2nd Ed.) Evaluate Risks, Price Derivatives, Structure Konstantin Borovkov (The University of East China Normal University Scientific Trades, and Build Your Intuition Quickly and Melbourne, Australia) Reports - Vol 1 Easily Extreme Financial Risks and Asset Allocation High-Frequency Trading and Probability by Philip Maymin (New York University, USA) Theory Olivier Le Courtois (EM Lyon Business School, France), et al. by Zhaodong Wang & Weian Zheng “This book distinguishes itself from many other (East China Normal University, China) books in financial engineering by tackling Great Investment Ideas various problems from the real financial world in William T Ziemba (UBC & London School of This book is the first of its kind to treat high- an intuitive and practical way. It serves to help Economics, UK) frequency trading and technical analysis as readers gain more understanding, knowledge, and Heavy Tails and Copulas insights on arbitrage, risk management, options accurate sciences. The authors reveal how Rustam Ibragimov (Imperial College London, UK), pricing and hedging, exotic derivatives, and to build trading algorithms of high-frequency et al. trading and obtain stable statistical arbitrage many other interesting topics. This book is ideal for those who are curious about the fascinating Innovations in Insurance, Risk- and Asset from the financial market in detail. The authors’ financial world. It is also a good supplement to the Management arguments are based on rigorous mathematical standard textbooks in finance, and shall benefit Kathrin Glau (Queen Mary University of London, and statistical deductions and this will appeal students majoring in related programs, such as UK), et al. to people who believe in the theoretical aspect mathematical finance and MBA.” Market Practice in Financial Modelling of the topic. Investors who believe in technical Dr Bin Zhou Chia Chiang Tan (Deutsche Bank) analysis will find out how to verify the efficiency TUM, Chair of Mathematical Finance Risk-Sensitive of their technical arguments by ergodic theory 200pp Dec 2012 Mark H A Davis (Imperial College London, UK), of stationary stochastic processes, which form a 978-981-4322-55-3 US$54 £45 et al. mathematical background for technical analysis. Stochastic Programming The authors also discuss technical details of the Horand I Gassmann (Dalhousie University, IT system design for high-frequency trading. Prefer Digital? Canada), et al. View this flyer online at 192pp Nov 2014 http://bit.ly/FinEnb19 Stock Markets, Investments and Corporate 978-981-4616-50-8 US$85 £71 or scan the QR code Behavior 978-981-4616-51-5(pbk) US$46 £38 Michael Dempsey (RMIT University, Australia)

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Hedging Derivatives Mathematical Techniques in Financial Textbook by Thorsten Rheinländer (London School of Market Trading Introductory Course on Financial Economics and Political Science, UK) & by Don K Mak (formerly with Federal Mathematics Jenny Sexton (University of Manchester, UK) Government Research Laboratories, Canada) by M V Tretyakov (University of Nottingham, UK) 244pp Jun 2011 320pp Apr 2006 276pp Sep 2013 978-981-4338-79-0 US$94 £78 978-981-256-699-7 US$136 £113 978-1-908977-38-0 US$58 £48 The Kelly Capital Growth Investment Theory of Valuation (2nd Edition) An Introduction to Wavelet Theory in Criterion edited by Sudipto Bhattacharya Finance Theory and Practice (London School of Economics, UK) & A Wavelet Multiscale Approach edited by Leonard C MacLean (Dalhousie George M Constantinides (University of by Francis In (Monash University, Australia) & University, Canada), Edward O Thorp Chicago, USA) Sangbae Kim (Kyungpook National University, (University of California, Irvine, USA) & 388pp Jul 2005 (Oxford University, UK & Korea) William T Ziemba 978-981-256-374-3 US$145 £120 University of British Columbia, Canada) 212pp Nov 2012 884pp Apr 2011 978-981-4397-83-4 US$98 £81 Textbook 978-981-4293-49-5 US$98 £81 An Elementary Introduction to 978-981-4383-13-4(pbk) US$65 £54 Mathematical Methods for Foreign Stochastic Interest Rate Modeling Exchange (2nd Edition) Harry Markowitz A Financial Engineer’s Approach by Nicolas Privault (NTU, Singapore) Selected Works by Alexander Lipton (Merrill Lynch edited by Harry M Markowitz International, UK) 244pp Jul 2012 (University of California, San Diego, USA) 700pp Oct 2001 978-981-4390-85-9 US$88 £73 716pp Mar 2009 978-981-02-4615-0 US$137 £114 978-981-283-363-1 US$182 £151 978-981-02-4823-9(pbk) US$87 £72 Textbook 978-981-283-364-8(pbk) US$78 £65 Introduction to Stochastic Calculus with Essentials of Stochastic Finance Applications (3rd Edition) Efficiency of Racetrack Betting Markets Facts, Models, Theory by Fima C Klebaner (Monash University, (2008 Edition) by Albert N Shiryaev (Steklov Mathematical Australia) edited by Donald B Hausch (University of Institute & Moscow State University) 452pp Mar 2012 Wisconsin-Madison, USA), Victor SY Lo 852pp Jan 1999 (University of British Columbia, Canada) 978-1-84816-831-2 US$98 £81 978-981-02-3605-2 US$99 £82 & William T Ziemba (University of British 978-1-84816-832-9(pbk) US$58 £48 Columbia, Canada) Textbook 676pp Aug 2008 Textbook Elementary Stochastic Calculus, 978-981-281-918-5 US$121 £100 with Finance in View Financial Economics, Risk and 978-981-3203-51-8(pbk) US$58 £51 Information (2nd Edition) by Thomas Mikosch (University of Groningen) by Marcelo Bianconi (Tufts University, USA) Stochastic Modeling of Electricity and 224pp Nov 1998 496pp Dec 2011 Related Markets 978-981-02-3543-7 US$58 £48 by (University of Oslo, 978-981-4355-13-1 US$118 £98 Fred Espen Benth Norway), J ˉurat˙e Šaltyt˙e Benth (University of Oslo, Norway) & Steen Koekebakker FIND THESE BOOKS Textbook (University of Agder, Norway) Financial Derivative Investments 352pp Jun 2008 VALUABLE TO YOUR An Introduction to Structured Products 978-981-281-230-8 US$148 £123 COMMUNITY? by Richard D Bateson (University College London, UK) Prefer Digital? RECOMMEND THEM 376pp Jun 2011 View this flyer online at TO YOUR LIBRARIAN. 978-1-84816-711-7 US$75 £62 http://bit.ly/FinEnb19

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