Abstract
The past three decades have seen an unprecedented explosion of activity in a new sub-discipline of mathematics: financial mathematics. The emergence of this field has parallelled the expansion of the quantitative financial services industry, the arm of banking that uses mathematical models to value, regulate and contrive trading strategies for complex financial derivatives such as options and futures. And it has transformed the role that university mathematics departments now play in feeding the financial services industry with its students.
| Original language | English |
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| Specialist publication | The Conversation |
| Publication status | Published - 13 Feb 2015 |