Among other programming techniques for equity markets, Monte Carlo simulation has a special place due to its wide applicability and relatively easy implementation compared to exact, non-stochastic methods. These algorithms can be used in many applications such as price forecasting and the validation of certain buying strategies, for example.
In this chapter, we provide C++ programming code that can be used either directly or as part of simulation-based algorithms. These examples will introduce some of the most important concepts used in the development of stochastic methods. ...
