How to Implement Market Models Using VBA (Hardcover)

Accessible VBA coding for complex financial modelling

How to Implement Market Models Using VBA makes solving complex valuation issues accessible to any financial professional with a taste for mathematics. With a focus on the clarity of code, this practical introductory guide includes chapters on VBA fundamentals and essential mathematical techniques, helping readers master the numerical methods to build an algorithm that can be used in a wide range of pricing problems. Coverage includes general algorithms, vanilla instruments, multi-asset instruments, yield curve models, interest rate exotics, and more, guiding readers thoroughly through pricing in the capital markets area. The companion website features additional VBA code and algorithmic techniques, and the interactive blog provides a forum for discussion of code with programmers and financial engineers, giving readers insight into the different applications and customisations possible for even more advanced problem solving.

Financial engineers implement models from a mathematical representation of an asset's performance by building a program that performs a valuation of securities based on this asset. How to Implement Market Models Using VBA makes this technical process understandable, with well-explained algorithms, VBA code, and accessible theoretical explanations. * Decide which numerical method to use in which scenario * Identify the necessary building blocks of an algorithm * Write clear, functional VBA code for a variety of problems * Apply algorithms to different instruments and models

Designed for finance professionals, this book brings more accurate modelling within reach for anyone with interest in the market. For clearer code, patient explanation, and practical instruction, How to Implement Market Models Using VBA is an essential introductory guide.

適用於複雜金融建模的易於理解的 VBA 編碼

《使用 VBA 實現市場模型》使得解決複雜估值問題對於任何對數學有興趣的金融專業人士都變得易於理解。本實用的入門指南著重於代碼的清晰性，包括 VBA 基礎知識和基本數學技巧的章節，幫助讀者掌握數值方法，以構建可應用於各種定價問題的算法。內容包括通用算法、標準工具、多資產工具、收益曲線模型、利率衍生品等，全面引導讀者深入了解資本市場領域的定價。配套網站提供額外的 VBA 代碼和算法技巧，互動博客則提供了與程序員和金融工程師討論代碼的平台，讓讀者瞭解不同應用和更高級問題解決的自定義可能性。

金融工程師通過構建一個基於資產性能的數學表示的程序，對證券進行估值。《使用 VBA 實現市場模型》通過清晰解釋的算法、VBA 代碼和易於理解的理論解釋，使這一技術過程變得易於理解。

- 在不同情境中選擇適用的數值方法
- 確定算法的必要構建塊
- 為各種問題編寫清晰、功能性的 VBA 代碼
- 將算法應用於不同的工具和模型

本書針對金融專業人士設計，使更準確的建模成為對市場感興趣的任何人都能夠實現的目標。《使用 VBA 實現市場模型》以更清晰的代碼、耐心的解釋和實用的指導，是一本必讀的入門指南。