Financial Engineering with Finite Elements

The pricing of derivative instruments has always been a highlycomplex and time-consuming activity. Advances in technology, however, have enabled much quicker and more accurate pricingthrough mathematical rather than analytical models. In this book, the author bridges the divide between finance and mathematics byapplying this proven mathematical technique to the financialmarkets. Utilising practical examples, the author systematicallydescribes the processes involved in a manner accessible to thosewithout a deep understanding of mathematics. * Explains little understood techniques that will assist in theaccurate more speedy pricing of options * Centres on the practical application of these usefultechniques * Offers a detailed and comprehensive account of the methodsinvolved and is the first to explore the application of theseparticular techniques to the financial markets