FEA

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Key Features
You can simulate prices, rates and FX using several different processes:
  • Handles multiple underlying types of assets. General examples include equity, commodity/energy, currency, and interest rates.
  • Handles multiple price processes based on standard market models: log-normal and normal, with and without mean reversion, and market-based models including a rolling prompt contract model and the Libor Market Model.
  • Simulates up to 128 correlated underlyings with term structures of volatility and correlation.
  • Allows the user to specify asset price curves in multiple formats: forward prices, spot price with yields.
  • Contract features include, for example: Early exercise, including Bermuda and American options, path dependent, including Asians, lookbacks, and barriers, and quanto features, and optimization over flow volumes.
  • Users can combine multiple instruments into a single valuation for aggregated price and risk measures.


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Copyright, FEA, Inc., 2003.


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