This work considers the problem of a trader who must manage the Credit Valuation
Adjustment (CVA) of a derivative, defined as the risk-neutral expectation of losses incurred if …

The construction of replication strategies for contingent claims in the presence of risk and
market friction is a key problem of financial engineering. In real markets, continuous …

Industries frequently adjust their facilities network by opening new branches in promising
areas and closing branches in areas where they expect low profits. In this paper, we …

Trading in the financial markets is driven by both fundamental and technical analysis. These
methods have however been shown to have limitations owing to the inefficiency of the …

In the fields of financial research and applications, predicting stock prices is a challenging
task. However, with the advancement of artificial intelligence algorithms, many studies have …

The financial markets are comprised of several participants with diverse roles and
objectives. Asset management firms optimize the portfolios of pension funds, institutions and …

Abstract The Foreign Exchange, also known as Forex, is a highly dynamic and active market
for trading currencies, offering participants an exciting and challenging possibility to develop …