Tim Leung Livres

This book analyzes the price dynamics of leveraged exchange-traded funds (LETFs) within discrete-time and continuous-time frameworks, focusing on leverage ratio, realized volatility, investment horizon, and tracking errors. It offers new insights into the risks associated with LETFs and introduces concepts such as admissible leverage ratios and risk horizons. The study includes mathematical and empirical analyses of various trading strategies, including static portfolios, pairs trading, and stop-loss strategies involving ETFs and LETFs. Additionally, the book discusses the pricing of options on LETFs, noting that different LETFs tracking the same index share similar sources of randomness. The authors present a no-arbitrage pricing approach to value options on LETFs with varying leverage ratios, incorporating stochastic volatility and jumps in the reference index. Their findings aid in market making for these options and help identify price discrepancies in the LETF options markets. As leveraged exchange-traded products grow in significance within the financial market, understanding their feedback effects and broader market impacts becomes essential for individual and institutional investors, as well as regulators.

This book covers LightSwitch 2012, a part of the Visual Studio 2012 package, that is a rapid application deployment tool letting power users and administrators build data-centric business applications for the desktop, cloud, and Web in just a few clicks, with no code required. It covers advanced features and light-coding solutions that users will hunger for soon after they begin building applications.

This updated second edition empowers readers to create business applications effortlessly, integrating seamlessly with existing systems and databases. It emphasizes accessibility, enabling individuals without extensive programming knowledge to develop effective apps, thereby reducing reliance on expensive software developers. The book provides practical insights and tools for transforming business operations through custom app development.

The book delves into the critical role of employee stock options (ESOs) in executive compensation, particularly among S&P 500 companies, where they constitute a substantial portion of CEO pay. It discusses the implications of the Financial Accounting Standards Board's 2004 mandate for expensing ESOs, highlighting the necessity for effective valuation methods. The complexities surrounding ESO valuation are examined, positioning it as a significant area of research in Accounting, Corporate Finance, and Financial Mathematics.

Build business applications quickly by using the Visual Studio LightSwitch 2015 development tool. LightSwitch is a rapid application deployment tool that provides a simplified development environment, enabling you to be more productive as a developer. Visual Studio LightSwitch 2015 is a rapid application deployment tool that lets power users and administrators build data-centric business applications for the desktop, cloud, web and mobile devices in just a few clicks, with no code required. The basics are very easily understood but more advanced users will hunger for more: how do you design complex layouts? How do you query data using LINQ and other syntax structures? How do you secure your application against malicious use? Visual Studio LightSwitch 2015 answers these questions and more as author Tim Leung—winner of a Microsoft 2011 Community Contributor Award for his LightSwitch expertise—covers this breakthrough product in detail. For serious developers building, enhancing and deploying advanced business applications using LightSwitch makes sense because they can benefit from the elegance, convenience and cost savings afforded by rapid application development before going beyond the "click-and-you're-done" interface to include the extra value and depth of coding expertise that their clients value.