Articles relating to foreign exchange related products that may be built in Excel using Deriscope

Asian Option Pricing in Excel using QuantLib: Monte Carlo, Finite Differences, Analytic models for Arithmetic and Geometric Average. Example with live EUR/USD rate

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Asian options come in different flavors as described below, but to the extent they have European exercise rights they can be priced by QuantLib using primarily Monte Carlo , but under certain circumstances using also Finite Differences or even analytic formulas. The main feature of an Asian option is that it involves the average of the realized pri...
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Introduction to Deriscope – Part 5: Live Feeds

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Deriscope enables you to get live feeds that include last traded stock prices, forex rates, bid/offer quotes, historical time series and financial data from various providers in Excel. Currently these providers are the Yahoo Finance, Alpha Vantage, IEX (Investors Exchange) and TrueFX. The special function dsLive takes as input an object of type Liv...
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Using a Forex Trading Simulator in Excel

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In my last post I showed you how to use the Deriscope Stock Trading Simulator Excel spreadsheet to place simulated BUY and SELL market orders on US stocks traded on IEX (the Investors Exchange ) Enter heading here...  In this post I will guide you through another Excel spreadsheet called DsTradingSimulatorFX.xlsm that you can also download for...
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Should I use a Trading Simulator to learn how to trade?

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Have you ever thought of being a trader?  I mean trading things like stocks, currencies, options or anything else that you can buy and sell almost instantly - typically online - by pressing a button and not illiquid assets, such as houses or antique furniture. Wouldn't it be great to get some sense of what real world trading looks like before ...
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What is the fair price of one dollar?

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Understanding the concept of "TRADABLE" will reveal a surprising answer to this question!   A few years ago, when I was still working as a quant for a big bank in London, my typical good morning question waiting for me in the office would be an abstruse sentence such as: What is the fair price of a custom-made inflation bond convertible into e...
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