Brandenburg on the Havel, Brandenburg, Germany
Introduction to Stochastic Processes (Probability, Random Walks, Martingales, Markov Chains, Stochastic Differential Equations, Monte Carlo Simulation), Lecture and Exercise Course, 2+2 hours/week
Reconstruction of order books from trading system messages. Analysis of market making strategies in futures and options order books. Statistical analysis of high-frequency derivatives trading data. Robust calibration of smile-models in a high-frequency trading environment. Portfolio optimization under market-risk constraints. Quantitative calibration of derivatives tick sizes. Execution cost analysis for futures products. Financial engineering in the equity and credit space.
Implemented the local volatility model for FX. Devised new semi-analytical calibration method for the Heston model. Implemented stochastic local volatility models for FX. Implemented and validated regulatory model for PRIIP KID scenarios.
Implemented the uncertain volatility model for Equity derivatives. Structured OTC FX and FI derivatives, devised automatic parameter solving rules.