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PDF Editor FAQ

What is some applications of Multivariable Calculus in finance? With examples!

Black-Scholes, for options pricing (continuous time, continuous state):Interest rate risks for Fixed Income:Some financial analysis packages combine multivariable Calculus, Linear Algebra, and Probability and Statistics, returning real-time data like:real-time first-derivative of price (gaining, falling, neutral)second-derivative of pricecorrelation within sector/subsector, with marketFinancial Engineering (Graduate-level):Covers stochastic modeling, dynamic optimization, stochastic calculus and Monte Carlo simulation through topics such as dynamic asset pricing and investment management, market equilibrium and portfolio choice with frictions and constraints, and risk management. Assumes solid undergraduate-level background in calculus, probability, statistics, and programming and includes a substantial coding component.Here are a couple more areas and lecture notes of Multivariable Calculus in Finance:System Optimization and Analysis for Manufacturing (15.066J): Lecture Notes | System Optimization and Analysis for Manufacturing | Sloan School of Management | MIT OpenCourseWareGlobal Climate Change: Economics, Science, and Policy: https://ocw.mit.edu/courses/sloan-school-of-management/15-023j-global-climate-change-economics-science-and-policy-spring-2008/lecture-notes/lec6.pdf

What data feed and API is a good choice for algo-trading on CME futures?

Quandl is a great resource for this. I use their data to run my portfolio trackers and portfolio optimizers. The API is super easy-to-use. The data is clean and accurate. And most of Quandl’s databases are free (or if they require payment they have a free, less-exhaustive version of the data). Check it out and let me know what you think.

I am a programmer and want to create a programming blog and earn from it. Should I make a WordPress blog and start blogging instantly, or should I code my own website (which could take 1-2 months) and then blog on it?

In terms of picking a blogging platform, it’s unlikely that you would be able to build something as versatile, SEO optimized, extensible and powerful as WordPress.Creating a new blogging platform or a CMS system was common over a decade ago with beginner programmers. Given the oversaturated market, it’s no longer a reasonable choice. You can study programming on top of other platforms - by contributing to open source solutions, writing a niche web application as a pet project, or build a software that would optimize and automate your time.A self-hosted WordPress platform would still give you the flexibility to tinker around and extend the site yourself. It’s also a good opportunity to build custom plugins as a portfolio or simply as an extension to your blog.

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