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In American options, the early exercise feature allows the option to be exercised at any time prior to expiration. However, this flexibility introduces a challenge: the pricing model must value the option while simultaneously determining an…

Computational Finance · Quantitative Finance 2026-05-11 Rohan , Siddanth Shetty , Amit N. Kumar

Accurate financial volatility forecasting is crucial but challenged by the non-linear, highly correlated nature of market data. Recently, quantum computing has emerged as a promising paradigm for solving complex high-dimensional sampling…

Machine Learning · Computer Science 2026-05-07 Yixiong Chen

The dynamics of nonlinear systems qualitatively change depending on their parameters, which is called bifurcation. A quantum-mechanical nonlinear oscillator can yield a quantum superposition of two oscillation states, known as a…

Quantum Physics · Physics 2016-02-24 Hayato Goto

In this study, we discuss a machine learning technique to price exotic options with two underlying assets based on a non-Gaussian Levy process model. We introduce a new multivariate Levy process model named the generalized normal tempered…

Mathematical Finance · Quantitative Finance 2024-03-27 Young Shin Kim , Hyun-Gyoon Kim

Artificial intelligence (AI) has drawn significant inspiration from neuroscience to develop artificial neural network (ANN) models. However, these models remain constrained by the Von Neumann architecture and struggle to capture the…

Neurons and Cognition · Quantitative Biology 2025-11-18 Gautier-Edouard Filardo , Thibaut Heckmann

The representation of a quantum wave function as a neural network quantum state (NQS) provides a powerful variational ansatz for finding the ground states of many-body quantum systems. Nevertheless, due to the complex variational landscape,…

Quantum Physics · Physics 2023-12-06 Eimantas Ledinauskas , Egidijus Anisimovas

The Quadratic Unconstrained Binary Optimization (QUBO) model has gained prominence in recent years with the discovery that it unifies a rich variety of combinatorial optimization problems. By its association with the Ising problem in…

Data Structures and Algorithms · Computer Science 2019-11-06 Fred Glover , Gary Kochenberger , Yu Du

We consider the Black--Scholes model of financial market modified to capture the stochastic nature of volatility observed at real financial markets. For volatility driven by the Ornstein--Uhlenbeck process, we establish the existence of…

Pricing of Securities · Quantitative Finance 2015-10-08 Sergii Kuchuk-Iatsenko , Yuliya Mishura

Accurate numerical solutions for the Schr\"odinger equation are of utmost importance in quantum chemistry. However, the computational cost of current high-accuracy methods scales poorly with the number of interacting particles. Combining…

Computational Physics · Physics 2021-12-21 Michael Scherbela , Rafael Reisenhofer , Leon Gerard , Philipp Marquetand , Philipp Grohs

Differential equations can be used to construct predictive models of a diverse set of real-world phenomena like heat transfer, predator-prey interactions, and missile tracking. In our work, we explore one particular application of…

Pricing of Securities · Quantitative Finance 2025-10-28 Brandon Kaplowitz , Siddharth G. Reddy

An accurate valuation of American call options is critical in most financial decision making environments. However, traditional models like the Barone-Adesi Whaley (B-AW) and Binomial Option Pricing (BOP) methods fall short in handling the…

Computational Finance · Quantitative Finance 2024-10-01 Ananya Unnikrishnan

Options are financial instruments that depend on the underlying stock. We explain their non-Gaussian fluctuations using the nonextensive thermodynamics parameter $q$. A generalized form of the Black-Scholes (B-S) partial differential…

Statistical Mechanics · Physics 2009-11-07 Lisa Borland

Solving the electronic Schrodinger equation for strongly correlated ground states is a long-standing challenge. We present quantum algorithms for the variational optimization of wavefunctions correlated by products of unitary operators,…

Quantum Physics · Physics 2024-08-06 Mario Motta , Kevin J. Sung , James Shee

Given the high power density low discharge rate and decreasing cost rechargeable lithium-ion batteries LiBs have found a wide range of applications such as power grid level storage systems electric vehicles and mobile devices. Developing a…

Systems and Control · Electrical Eng. & Systems 2023-02-07 Anh Phuong Ngo , Nhat Le , Hieu T. Nguyen , Abdullah Eroglu , Duong T. Nguyen

We study an online linear programming (OLP) problem under a random input model in which the columns of the constraint matrix along with the corresponding coefficients in the objective function are generated i.i.d. from an unknown…

Data Structures and Algorithms · Computer Science 2021-04-20 Xiaocheng Li , Yinyu Ye

The standard Black-Scholes theory of option pricing is extended to cope with underlying return fluctuations described by general probability distributions. A Langevin process and its related Fokker-Planck equation are devised to model the…

Physics and Society · Physics 2009-11-11 L. Moriconi

In the previous paper (Inverse Problems, 32, 015010, 2016), a new heuristic mathematical model was proposed for accurate forecasting of prices of stock options for 1-2 trading days ahead of the present one. This new technique uses the…

Mathematical Finance · Quantitative Finance 2022-10-12 Michael V. Klibanov , Aleksander A. Shananin , Kirill V. Golubnichiy , Sergey M. Kravchenko

In this paper we provide a quantum Monte Carlo algorithm to solve multidimensional Black-Scholes PDEs with correlation for option pricing. The payoff function of the option is of general form and is only required to be continuous and…

Quantum Physics · Physics 2026-05-05 Jianjun Chen , Yongming Li , Ariel Neufeld

The BS equations with fractional order two asset price models give a better prediction of options pricing in the monetary market. In this paper, the changed form of BS-condition with two asset price models dependent on the Liovelle-Caputo…

Pricing of Securities · Quantitative Finance 2020-10-27 Kamran Zakaria , Saeed Hafeez

We address the open problem of determining which classes of time-dependent linear Schr\"odinger equations and focusing and defocusing cubic and quintic non-linear Schr\"odinger equations (NLS) on unbounded domains that can be computed by an…

Numerical Analysis · Mathematics 2020-11-02 Simon Becker , Anders Hansen
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