Jump to ContentJump to Main Navigation
Codes of FinanceEngineering Derivatives in a Global Bank$
Users without a subscription are not able to see the full content.

Vincent Antonin Lépinay

Print publication date: 2011

Print ISBN-13: 9780691151502

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691151502.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in HSO for personal use (for details see http://www.universitypressscholarship.com/page/privacy-policy).date: 19 April 2018

Thinking Financially and Exploring the Code

Thinking Financially and Exploring the Code

Chapter:
(p.29) Chapter 1 Thinking Financially and Exploring the Code
Source:
Codes of Finance
Author(s):

Vincent Antonin Lépinay

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691151502.003.0003

This chapter looks at the financial operators' use of codes and languages in the trading room to articulate new financial products. It maps out the coding and modeling conflicts that arise between various disciplines (physicists, mathematicians, computer scientists). Codes can either be formal or ad hoc, but the bottom line is that no one knows for sure how best to describe these products. The problem is not a paucity of descriptions, but rather an embarrassment of riches. Capital guarantee products (CGP) have too many competing depictions that were derived from the multiplicity of languages adopted by different groups operating within the financial industry. The lack of synthesis of these languages is both a resource for and a threat to the financial industry.

Keywords:   financial operators, codes, financial products, capital guarantee products, trading room, financial industry

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.