About JQuantLib

From JQuantLib

What it is

JQuantLib offers a wide range of mathematical and statistical tools for the valuation of shares, options, futures, swaps and other financial instruments. It also provides tools related to risk management and money management.

Intended users

JQuantLib is a set of tools intended primarily for software developers.

For those in a hurry, the README file offers a quick intro.

JQuantLib's origins

JQuantLib is based on an existing work, QuantLib, which among other things is an open-source, production-quality set of valuation tools written in C++. JQuantLib aims to equal and in some respects perhaps even exceed QuantLib in usefulness and quality.

Features in a nutshell

JQuantLib realizes many of the concepts and algorithms of Quantitative Finance, a rather broad and complex subject. In a nutshell, JQuantLib offers tools that facilitate

• trading of financial instruments such as stocks, bonds, options, futures, currency (forex), swaps, etc.;
• carrying out various kinds of valuations such as stock valuation and option valuation using various methods, including
  • the Black-Scholes model,
  • the binomial pricing model;
• performing simulations such as Monte Carlo simulations, to mention one;
• ...and much, much more!

How will JQuantLib's success be measured?

By its

• coverage of a wide range of financial instruments;
• running at speeds competitive with C++;
• smooth learning curve;
• lucid documentation;
• easy integration with other projects;
• shortening time to market.

Current status

• Under active development
• Please see Features