The pricing of options in the American market had mainly been focused on using finite difference methods. Traditional algorithms require a tremendous amount of computational power to arrive at a ...

Editor’s note: This is the second in a three-part series that began in the March 12 issue with a discussion of heat reclaim in three-way valve operation. Heat reclaim can be accomplished with either a ...

Parallel development is an essential technique for boosting the productivity of big software development teams that must make numerous changes to a large source-code base. To employ that technique, ...