Book Image

F# for Quantitative Finance

By : Johan Astborg
Book Image

F# for Quantitative Finance

By: Johan Astborg

Overview of this book

F# is a functional programming language that allows you to write simple code for complex problems. Currently, it is most commonly used in the financial sector. Quantitative finance makes heavy use of mathematics to model various parts of finance in the real world. If you are interested in using F# for your day-to-day work or research in quantitative finance, this book is a must-have.This book will cover everything you need to know about using functional programming for quantitative finance. Using a functional programming language will enable you to concentrate more on the problem itself rather than implementation details. Tutorials and snippets are summarized into an automated trading system throughout the book.This book will introduce you to F#, using Visual Studio, and provide examples with functional programming and finance combined. The book also covers topics such as downloading, visualizing and calculating statistics from data. F# is a first class programming language for the financial domain.
Table of Contents (17 chapters)
F# for Quantitative Finance
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Summary


In this chapter, we looked at data visualization in F# and learned to build user interfaces. We have looked at how to use F# to create user interfaces without a visual designer. There are pros and cons of using this approach of course. The main benefit is total control and there is no hidden magic. On the other side, it can be time consuming when we talk about larger GUI applications.

In the next chapter, we'll use the data visualization tools introduced in this chapter to study some interesting properties of options. We'll talk about the basics of the options and how they are priced using the Black Scholes formula. Also, the Black Scholes formula will be implemented in F# and discussed in detail.