Mathematical Methods For Foreign Exchange: A Financial Engineer’s Approach
Foreign Exchange Market Professor Alexander Lipton’s book, Mathematical Methods For Foreign Exchange: A Financial Engineer’s Approach presents a systematic and practically oriented approach to mathematical modeling in finance, particularly in the foreign exchange context.
The book describes all the relevant aspects of financial engineering, including derivative pricing, in detail.
Moreover, the book is self-contained.
With the necessary mathematical, economic, and trading background carefully explained. In addition to the lucid treatment of the standard material, it describes many original results.
Furthermore, students of financial engineering will find the book’s text very helpful. In addition, as a basic reference for risk managers, traders, and academics.
“It is a book from which much can be learned. Even by specialists in the derivatives field.” — Mathematical Reviews, 2003
…a useful textbook for students of financial engineering and valuable reference book of the research work in financial engineering. — Mathematics Abstracts
…there is much to gain from reading this book. Whether one is interested in FX markets or financial engineering.
— GARP Risk Review, Jul/Aug 2002
It’s a book that one would happily recommend to any capable student, confident that it is clear, comprehensible and accurate. — Professor Brian Sutchliffe, Universite Libre de Vryxekkes
The author should be congratulated. For his thorough approach to this area. And the comprehensive list of reference. — Risk, April 2002 Vol 15 / No. 4
there is much to gain from reading this book. Whether one has an interest in FX markets. Or in financial engineering. GARP Risk Review, Jul/Aug 2002 –This text refers to the hardcover edition.
About Alexander Lipton
Alex Lipton is a Managing Director and Global Head of Credit Analytics at Merrill Lynch. In addition a Visiting Professor of Mathematics at Imperial College London. Prior to his current role. Alexander was a Managing Director and Head of Credit Analytics at Citadel Investment Group in Chicago; he has also worked at Credit Suisse, Deutsche Bank and Bankers Trust. Previously, Alex was a Full Professor of Mathematics at the University of Illinois at Chicago. Furthermore, a Consultant at Los Alamos National Laboratory. He received his undergraduate and graduate degrees from Lomonosov Moscow State University.
His current interests include credit correlation and related topics, quantitative aspects of securitization, as well as technical trading strategies.
In 2000 Alex received the first Quant of the Year Award by Risk Magazine. Alex is the author of two books. Firstly, Magnetohydrodynamics and Spectral Theory. Secondly, Mathematical Methods for Foreign Exchange. Furthermore, is the editor of two more. He has published numerous research papers on hydrodynamics, magnetohydrodynamics, astrophysics, and financial engineering. Alex has given dozens of invited lectures at leading universities worldwide.
Foreign Exchange Market