Statistics of financial markets : an introduction. Universitext

From reviews of the first edition: "The book starts a ] with five eye-catching pages that reproduce a studenta (TM)s handwritten notes for the examination that is based on this book. a ] The material is well presented with a good balance between theoretical and applied aspects. a ] The book is an excellent demonstration of the power of stochastics a ] . The authora (TM)s goal is well achieved: this book can satisfy the needs of different groups of readers a ] . this book can, and I expect it will, be successfully used a ] . The variety of interrelated topics a ] students as well as for their teachers." (Jordan Stoyanov, Journal of the Royal Statistical Society, Vol. 168 (4), 2005) "This book provides a statistical approach to the theoretical and practical issues relating to stock trading. Written by three specialists in closely related fields, it is highly useful for anyone interested in the mathematical and statistical aspects of finance a ] . Its structure highlights a logical link a ] thus presenting itself as a good reference not only for students and lecturers but also for researchers a" in particular those keenly interested in the dynamics of the stock market. It provides a step forward towards a ] ." (Kassim S. Mwitondi, Journal of Applied Statistics, Vol. 32 (4), 2005) "This book, a textbook as a matter of fact, deals with some of the statistical techniques which are most actively used in the analysis of financial time series a ] . These are the lecture notes of a course on the subject, which have been carefully edited, and presented in book format. As such, it is a good textbook: lots of insights, careful presentations, ordered introduction." (JosA(c) LAisFernandez Perez, Zentralblatt MATH, Vol. 1059 (10), 2005) "This textbook presents an introduction to financial mathematics for a graduate level course. The text briefly introduces the concepts of probability theory a ] . The book could be used for teaching a post-graduate (honours and masters level), course in financial mathematics." (Gary D Sharp, South African Statistical Journal, March 2005)