Anatoliy Swishchuk

New approach in quantitative finance-change of time method (for standard diffusion and Levy-based finance models), which is different from a traditional one using subordinators Contains the solutions of new problems in quantitative finance such as pricing of variance and volatility swaps in energy markets and hedging of volatility swaps (with hedge ratio), to name a few Contains new financial models such as delayed Heston model that improves the volatility surface fitting Includes supplementary material: sn.pub/extras