Revisiting Stochastic Collocation with Exponential Splines for an Arbitrage-Free Interpolation of Option Prices

Fuente: arXiv
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Main Author: Floc'h, Fabien Le
Format: Preprint
Published: 2025
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author Floc'h, Fabien Le
author_facet Floc'h, Fabien Le
contents We revisit the stochastic collocation method using the exponential of a quadratic spline. In particular, we look in details whether it is more appropriate to fix the ordinates and optimize the abscissae of an interpolating spline or to fix the abscissae and optimize the parameters of a B-spline representation.
format Preprint
id arxiv_https___arxiv_org_abs_2508_12419
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Revisiting Stochastic Collocation with Exponential Splines for an Arbitrage-Free Interpolation of Option Prices
Floc'h, Fabien Le
Pricing of Securities
Computational Finance
Mathematical Finance
We revisit the stochastic collocation method using the exponential of a quadratic spline. In particular, we look in details whether it is more appropriate to fix the ordinates and optimize the abscissae of an interpolating spline or to fix the abscissae and optimize the parameters of a B-spline representation.
title Revisiting Stochastic Collocation with Exponential Splines for an Arbitrage-Free Interpolation of Option Prices
topic Pricing of Securities
Computational Finance
Mathematical Finance
url https://arxiv.org/abs/2508.12419