Python量化书:Derivatives Analytics with Python by Yves
Yves Hilpisch
Saarland, February 2015
This book is an outgrowth of diverse activities of myself and colleagues of mine in the fields
of financial engineering, computational finance and Python programming at our company
The Python Quants GmbH on the one hand and of teaching mathematical finance at Saarland
University on the other hand.
The book is targeted at practitioners, researchers and students interested in the market-
based valuation of options from a practical perspective, i.e. the single numerical and technical
implementation steps that make up such an effort. It is also for those who want to learn how
Python can be used for derivatives analytics and financial engineering. However, apart from
being primarily practical and implementation-oriented, the book also provides the necessary
theoretical foundations and numerical tools.
My hope is that the book will contribute to the increasing acceptance of Python in
the financial community, and in particular in the analytics space. If you are interested in
getting the Python scripts and IPython Notebooks accompanying the book, you should visit
http://wiley.quant-platform.com where you can register for the Quant Platform which allows
browser-based, interactive and collaborative financial analytics. Further resources are found on
the website http://derivatives-analytics-with-python.com. You should also check out the open
source library DX Analytics under http://dx-analytics.com which implements the concepts
and methods presented in the book in standardized, reusable fashion.
I thank my family—and in particular my wife Sandra—for their support and understanding
that such a project requires many hours of solitude. I also want to thank my colleague Michael
Schwed for his continuous help and support. In addition, I thank Alain Ledon and Riaz Ahmad
for their comments and feedback. Discussions with participants of seminars and my lectures
at Saarland University also helped the project significantly. Parts of this book have benefited
from talks I have given at diverse Python and finance conferences over the years.
I dedicate this book to my lovely son Henry Nikolaus whose direct approach to living and
clear view of the world I admire.
Yves Hilpisch
Saarland, February 2015