Method and system for high speed options pricing

G - Physics – 06 – Q

Patent

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G06Q 40/04 (2012.01)

Patent

CA 2688502

A high speed technique for options pricing in the financial industry is disclosed that can provide both high throughput and low latency. A parallel/pipelined architecture is disclosed for computing an implied volatility in connection with an option. Parallel/pipelined architectures are also disclosed for computing an option's theoretical fair price. Preferably these parallel/pipelined architectures are deployed in hardware, and more preferably reconfigurable logic such as Field Programmable Gate Arrays (FPGAs) to accelerate the options pricing operations relative to conventional software-based options pricing operations.

L'invention concerne une technique très rapide pour fixer le prix d'options dans l'industrie financière qui peut fournir à la fois un débit élevé et une faible latence. Une architecture parallèle/en pipeline est décrite pour calculer une volatilité impliquée conjointement avec une option. Des architectures parallèles/en pipeline sont également décrites pour calculer le juste prix théorique des options. De préférence, ces architectures parallèles/en pipeline sont déployées sous forme matérielle, et plus préférablement sous forme de circuits logiques reconfigurables tels que des circuits FPGA afin d'accélérer les opérations de fixation de prix d'options par rapport aux mêmes opérations basées sur des logiciels classiques.

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