Modelling Financial Markets  by Emmanuel Buffet, School of Mathematical Sciences, DCU Seminar on Thursday, 29th March Room N115, Block2, 16.00 hrs Tea/coffee complimetary All Welcome

The modern theory of financial markets is based on the "no arbitrage principle",  ie the axiom which states that no investor can make a riskless profit. This mild looking assumption has far reaching consequences for the nature  of financial prices and even more for options and other derivative securities. The talk will discuss these ideas at an introductory level.  All the relevant mathematical and financial concepts will be explained in simple terms.