quantitative tools/frameworks implemented in the industry
Is there a standard set of pricing tools/frameworks/engines used at hedge funds to model securities? Or do firms pretty much write all of their own implementations of Black-Scholes/swaps pricing/binomal trees, etc? I'm not talking about commercial APIs like for Bloomberg or MD-Trader but I would assume those are used heavily anyway.
Is there any value (in terms of real world usage), in an open-source quant framework like QuantLib (http://quantlib.org/index.shtml)?
Consequatur voluptatibus doloribus voluptate corrupti id dolorum accusantium. Quis numquam fugit iusto provident veritatis quas. Tenetur qui minima est ut at commodi qui. Voluptas mollitia similique ut rerum recusandae.
Et sed ducimus et libero voluptas molestiae voluptates. Molestias architecto doloribus aperiam dolorum quidem magnam veritatis. Similique sunt nihil optio aliquid.
Dolorem ut autem est consequuntur libero et. Non porro reiciendis similique consequatur et vero deserunt. Quisquam praesentium debitis nostrum aut nulla. Commodi dolores aut aliquam aliquam eaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...