Introduction

 

 

 

 

The birth of Black-Scholes option pricing thoery has changed the playing field of the financial industry.  Before 1973, CAPM, APT, and PT were the most readily used form of financial management. However, with the introduction of OPM(option Pricing Model), scholars and professionals began to dive further into the depts of financial managment , quantitative analysis and financial engineering.

 

Financial engineering is an idea that underlying securities can be priced through mathematical formulas and therefore relieve unnecessary speculation in the market. This idea started in the 80s by many physicists  and mathematicians and now it's almost a religion.

This new notion of financial engineering created a boom all over the world forming a community, which we now call Quants. To be a quant one needs to excel in 4 different fields 1)Financial Management 2) Mathematics 3)Computer Science 4) Lots and Lots of Creativity.

This website will help you pave through basic mathematics behind quantitative trading which will hopeful land you a corresponding job.

-Charles Sin