The vision behind DEXISION has always been to build a tool that implements “global valuation”. Global valuation is to be understood in the sense of a general market model according to the elegant valuation approach of Harrison and Pliska (1981). Large parts of this vision are available by now.
Back in 1998, in the midst of my . . . → Read More: The Story of DEXISION
DEXISION offers simple, Web-based Derivatives Analytics. This is the first post in a series that explains where the simplicity of our Web-based analytics suite stems from. We start today with the single numerical method, Monte Carlo simulation.
From the beginning on, we knew that we wanted to be able to value complex derivative instruments with, for example, . . . → Read More: Simplicity Principle No. 1: Single Numerical Method