Option pricing
Heston model: shifting on the volatility surface
Stochastic volatility model combining Heston vol model and CIR++
Cutting edge: Incorporating forex volatility into commodity spread option pricing
Spread option pricing: importance of forex risk factors illustrated
Smile transformation for price prediction
Prediction of arbitrage-free option prices that outperform existing models
Time for a timer
Time for a timer
Hedge backtesting for model validation
Hedge backtesting for model validation
Smile in the low moments
Smile in the low moments
Rational shapes of local volatility
Rational shapes of local volatility
Physics versus finance: Science strikes back
Science strikes back
Risk reaches 25-year anniversary
In celebration of our 25th anniversary this year, Risk re-publishes a landmark article by Fischer Black, offering a critique of the Black-Scholes model
Technology: Cloud on the horizon?
Cloud on the horizon?
Sponsored feature: Royal Bank of Scotland
Efficient hedging – Using market distortion to your advantage
Quanto adjustments in the presence of stochastic volatility
Quanto adjustments in the presence of stochastic volatility
Stochastic volatility’s orderly smiles
Stochastic volatility’s orderly smiles
Sponsored statement: Ito33
Which model for equity derivatives?
Downgrade termination costs
Downgrade termination costs
Need for speed: banks explore FPGAs for portfolio modelling
The gate array way
Cutting Edge introduction: requiem for a probabilist
Requiem for a probabilist