互换期权

文章在对美式互换期权定价进行实证分析时选择了最小二乘蒙特卡洛模拟方法，由于无法在市场上得到某特定美式互换期权信息和市场数据，只能虚拟出某个百慕大互换期权进行模拟定价。

We choose least-squares Monte Carlo simulation methods for empirical analysis of American swaption pricing , but we are failed to get the market information about some particular American-style swaptions , so we have to use a virtual Bermuda swaption to process option pricing .

文章第三部分主要是解决运用LIBOR市场模型进行美式互换期权定价过程所要遭遇的具体问题。

The third part of the article is mainly to resolve pricing American swaption in the use of LIBOR market model .

对于互换期权，在常数利率和随机利率假设下分别建立了定价模型；

We price exchange options under the constant interest rate and stochastic interest rate .

分数跳-扩散模型下的互换期权定价

Exchange option pricing on fractional Jump-diffusions

最后，我们讨论了信用衍生产品中的两种代表产品&互换期权和信用违约互换。

At last , we build the models of two typical kinds of credit derivatives : exchange options and credit default swap .

远期、互换与期权产品也已开始交易，但额度较小。

Forwards , swaps and options are also starting to trade but at low volumes .

在考虑商品的便利收益情况下，探讨了商品互换及其期权的定价.对价格是随机的情形建立了单因素模型；

This paper explores the pricing of commodity swaps and options on commodity swaps in the presence of convenience yields .

黄金挂钩型理财产品是在固定收益产品（如存款、零息债券）的基础上嵌入某种金融衍生产品（如远期、互换、期权）而形成的、挂钩标的为黄金价格的新型金融产品。

Gold linked structured products are new financial derivatives products , which are fixed-income products ( such as deposits , zero-coupon bonds ) embedded in certain financial derivatives ( such as forwards , swaps , options ), and linked to the price of gold .

用于管理利率风险的金融衍生工具主要有：远期利率协议、利率期货、利率互换与利率期权。

These financial derivatives are : Forward Rate Agreements , Interest Rate Futures , Interest Rate Swaps , and Interest Rate Options .

在资产负债表外管理方面主要是使用金融衍生工具，运用的表外工具主要包括远期利率协议、利率期货、利率互换、利率期权等。

Manages the aspect outside the property debt table mainly is uses the financial derivation tool , outside the utilization table the tool mainly includes the forward interest rate agreement , the interest rate stock , the interest rate exchange , the interest rate option and so on .

他目前工作于LexiFi，一个富有创新的ISV，特别专注于软件分析和处理复杂金融相关系统&如互换交易系统和期权交易系统。

He currently works for LexiFi , which is an innovative ISV that specializes in software for analyzing and processing complex financial derivatives-products such as swaps and options .

商品互换及商品互换期权的定价

Pricing of commodity swaps and options on commodity swaps

并针对汇率风险和利率风险比较分析了几种风险管理的方法，如货币互换、利率互换、外汇期权等。

The paper compares and analyses several kinds of risk management methods , such as monetary swap , interest swap , foreign exchange options etc.