The documentary ?Quants? by Marije Meerman and featuring Paul Wilmott and Emanuel Derman has been selected for the prestigious international science film festival Pariscience. (http://www.science-television.com/pariscience/en/accueil.php) The film will be shown on October the 9th at 7.30 PM at Auditorium of the Museum National d'Histoire Naturelle in Paris.
Only last month the film was presented at the RomaFictionFest! Next stop Sundance!
Who would have thought a simple math question could have led to both fascinating mathematics and to such robust arguments about the role of definitions in mathematics?
See for yourself here. The question is:
Does
diverge? If so, why? If not, what does it converge to?
(Watch how the problem evolves to include root finding, convergence of series, complex numbers, chaos, Julia sets and fractals!)
Recent developments in the interest rate derivatives industry have seen an increase in complexity of products. European call and put options on LIBOR and swaps, so-called caps/floors and swaptions, once deemed exotic, are now considered plain vanilla. The newer more complex products, named exotic LIBOR derivatives, are tailored to investor requirements and contain many additional features.
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