O'Reilly logo

Mastering Financial Calculations: A step-by-step guide to the mathematics of financial market instruments, Second edition by Bob Steiner

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Author’s note

Throughout this book, I have aimed to put the calculations used in the financial markets in context, by explaining the ideas behind them, and the background and situations in which they arise. However, the reader must be aware that different situations might give rise to significant differences in the detail of the calculation method that is most appropriate, and also that different markets – and also different people within the same market – might use different conventions. The formulas and methods here cannot be used as an off-the-peg prescription for pricing any specific instrument, without checking carefully the assumptions made, and the details of the underlying situation.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required