What is a derivative and how do they work? Despite derivatives (such as stock options) being a core part of the global financial system, with more than $600trn outstanding around the world, few people ...

Two near minimax norms for polynomial approximation are presented. They are designed for approximation of both a function and its first derivative uniformly by polynomials over a given finite interval ...

A derivative is a financial instrument that derives its value from an underlying asset. The underlying asset can be equity, currency, commodities, or interest rate. Thus, a change in the underlying ...