Related papers: Implying Volatility: How Fast Can We Go?
Efficiently solving large-scale linear systems is a critical challenge in electromagnetic simulations, particularly when using the Crank-Nicolson Finite-Difference Time-Domain (CN-FDTD) method. Existing iterative solvers are commonly…
Low-Light Video Enhancement (LLVE) has received considerable attention in recent years. One of the critical requirements of LLVE is inter-frame brightness consistency, which is essential for maintaining the temporal coherence of the…
In the present work, we propose a new multifactor stochastic volatility model in which slow factor of volatility is approximated by a parabolic arc. We retain ourselves to the perturbation technique to obtain approximate expression for…
In equity and foreign exchange markets the risk-neutral dynamics of the underlying asset are commonly represented by stochastic volatility models with jumps. In this paper we consider a dense subclass of such models and develop analytically…
Modern general-purpose accelerators integrate a large number of programmable area- and energy-efficient processing elements (PEs), to deliver high performance while meeting stringent power delivery and thermal dissipation constraints. In…
In this paper we study short-time behavior of the at-the-money implied volatility for Inverse European options with fixed strike price. The asset price is assumed to follow a general stochastic volatility process. Using techniques of the…
In this paper we use Malliavin Calculus techniques in order to obtain expressions for the short-time behavior of the at-the-money implied volatility (ATM-IV) level and skew for a jump-diffusion stock price. The diffusion part is assumed to…
Disaggregated inference has become an essential framework that separates the prefill (P) and decode (D) stages in large language model inference to improve throughput. However, the KV cache transfer faces significant delays between prefill…
Variational execution is a novel dynamic analysis technique for exploring highly configurable systems and accurately tracking information flow. It is able to efficiently analyze many configurations by aggressively sharing redundancies of…
We consider a class of assets whose risk-neutral pricing dynamics are described by an exponential L\'evy-type process subject to default. The class of processes we consider features locally-dependent drift, diffusion and default-intensity…
This paper introduces \textsc{FuzzyLogic.jl}, a Julia library to perform fuzzy inference. The library is fully open-source and released under a permissive license. The core design principles of the library are: user-friendliness,…
Local Volatility (LV) is a powerful tool for market modeling, enabling the generation of arbitrage-free scenarios calibrated to all European options. To implement LV, we need to interpolate and extrapolate option prices. This approach is…
We develop a stochastic volatility framework for modeling multiple currencies based on CBI-time-changed L\'evy processes. The proposed framework captures the typical risk characteristics of FX markets and is coherent with the symmetries of…
In this note, Black--Scholes implied volatility is expressed in terms of various optimisation problems. From these representations, upper and lower bounds are derived which hold uniformly across moneyness and call price. Various symmetries…
We introduce Step 3.5 Flash, a sparse Mixture-of-Experts (MoE) model that bridges frontier-level agentic intelligence and computational efficiency. We focus on what matters most when building agents: sharp reasoning and fast, reliable…
Federated learning (FL) faces persistent robustness challenges due to non-IID data distributions and adversarial client behavior. A promising mitigation strategy is contribution evaluation, which enables adaptive aggregation by quantifying…
Diffusion models provide powerful priors for zero-shot video inverse problems, but their real-time deployment is hindered by two inefficiencies: high initial latency caused by holistic video restoration, and low throughput resulting from…
Federated learning (FL) enables collaborative model training across distributed clients while preserving data locality. Although FedAvg pioneered synchronous rounds for global model averaging, slower devices can delay collective progress.…
We provide series expansions for the tempered stable densities and for the price of European-style contracts in the exponential L\'evy model driven by the tempered stable process. These formulas recover several popular option pricing…
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…