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The use of the new MATLAB Financial Kit for development of economical and financial models

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Author Info
E A Akkerman (Ben-Gurion University in the Negev,Israel)
Abstract

The growing interest of physical and mathematical researchers to new areas as: market modeling and prediction, risk management and option pricing, agent-based modeling, time series empirical analysis, is due mainly by the stochastic nature of most of the financial processes. Constraining by this interest it become actual to develop a comprehensive software environment, which in the frame of a common concept will use the same models, without the need of simplification for quantitative analysis. The main advantage for such approach is that it provides to the end-users (including also students) of rapid prototyping, high-quality visualization , and enhanced model testing. The purpose of this work is to demonstrate the usefulness and flexibility of the new MATLAB Financial Kit for development of the Option Pricing Tool. This Tool allows presentation of the obtained results in any convenient (for the user) form. It can start from loading the data (Database toolbox), Datafeed toolbox , EXEL link ), via the Financial toolbox (for quantitative modeling and analytical prototyping ) up to the results presentation (MATLAB Report Generator, MATLAB Runtime Server). This allows to take the existing MATLAB application and turn it into a stand-alone product.

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Software component provided by EconWPA in its series Computer Programs with number 0201001.

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Date of creation: 28 Jan 2002
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Handle: RePEc:wpa:wuwppr:0201001

Note: Type of Document - Word; prepared on PC; to print on HP/PostScript/; pages: 5 ; figures: included. I never published this Paper.
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Web page: http://129.3.20.41

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Keywords: MATLAB 6.1 A Financial Kit of Matlab 6.1

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This page was last updated on 2008-12-30.


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