{"id":"https://openalex.org/W4391410268","doi":"https://doi.org/10.1109/mwscas57524.2023.10406037","title":"American Multinomial Option Pricing on FPGA using OneAPI","display_name":"American Multinomial Option Pricing on FPGA using OneAPI","publication_year":2023,"publication_date":"2023-08-06","ids":{"openalex":"https://openalex.org/W4391410268","doi":"https://doi.org/10.1109/mwscas57524.2023.10406037"},"language":"en","primary_location":{"id":"doi:10.1109/mwscas57524.2023.10406037","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/mwscas57524.2023.10406037","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE 66th International Midwest Symposium on Circuits and Systems (MWSCAS)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5038399046","display_name":"Aidan O Mahony","orcid":null},"institutions":[{"id":"https://openalex.org/I27577105","display_name":"University College Cork","ror":"https://ror.org/03265fv13","country_code":"IE","type":"education","lineage":["https://openalex.org/I27577105"]}],"countries":["IE"],"is_corresponding":false,"raw_author_name":"Aidan O Mahony","raw_affiliation_strings":["University College Cork,Department of Electrical and Electronic Engineering,Cork,Ireland","Department of Electrical and Electronic Engineering, University College Cork, Cork, Ireland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University College Cork,Department of Electrical and Electronic Engineering,Cork,Ireland","institution_ids":["https://openalex.org/I27577105"]},{"raw_affiliation_string":"Department of Electrical and Electronic Engineering, University College Cork, Cork, Ireland","institution_ids":["https://openalex.org/I27577105"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5036736564","display_name":"Gil Zeidan","orcid":null},"institutions":[{"id":"https://openalex.org/I1343180700","display_name":"Intel (United States)","ror":"https://ror.org/01ek73717","country_code":"US","type":"company","lineage":["https://openalex.org/I1343180700"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Gil Zeidan","raw_affiliation_strings":["Programmable Solutions Group Intel Corporation,Massachusetts,USA","Programmable Solutions Group Intel Corporation, Massachusetts, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Programmable Solutions Group Intel Corporation,Massachusetts,USA","institution_ids":["https://openalex.org/I1343180700"]},{"raw_affiliation_string":"Programmable Solutions Group Intel Corporation, Massachusetts, USA","institution_ids":["https://openalex.org/I1343180700"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5059144071","display_name":"Bernard Hanzon","orcid":"https://orcid.org/0000-0001-9085-0065"},"institutions":[{"id":"https://openalex.org/I27577105","display_name":"University College Cork","ror":"https://ror.org/03265fv13","country_code":"IE","type":"education","lineage":["https://openalex.org/I27577105"]}],"countries":["IE"],"is_corresponding":false,"raw_author_name":"Bernard Hanzon","raw_affiliation_strings":["University College Cork,Department of Mathematics,Cork,Ireland","Department of Mathematics, University College Cork, Cork, Ireland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University College Cork,Department of Mathematics,Cork,Ireland","institution_ids":["https://openalex.org/I27577105"]},{"raw_affiliation_string":"Department of Mathematics, University College Cork, Cork, Ireland","institution_ids":["https://openalex.org/I27577105"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5016443261","display_name":"Emanuel Popovici","orcid":"https://orcid.org/0000-0001-6813-5030"},"institutions":[{"id":"https://openalex.org/I27577105","display_name":"University College Cork","ror":"https://ror.org/03265fv13","country_code":"IE","type":"education","lineage":["https://openalex.org/I27577105"]}],"countries":["IE"],"is_corresponding":false,"raw_author_name":"Emanuel Popovici","raw_affiliation_strings":["University College Cork,Department of Electrical and Electronic Engineering,Cork,Ireland","Department of Electrical and Electronic Engineering, University College Cork, Cork, Ireland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University College Cork,Department of Electrical and Electronic Engineering,Cork,Ireland","institution_ids":["https://openalex.org/I27577105"]},{"raw_affiliation_string":"Department of Electrical and Electronic Engineering, University College Cork, Cork, Ireland","institution_ids":["https://openalex.org/I27577105"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.28648807,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"4","issue":null,"first_page":"831","last_page":"835"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.996399998664856,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.996399998664856,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11181","display_name":"Advanced Data Storage Technologies","score":0.9700999855995178,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9674000144004822,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6822783946990967},{"id":"https://openalex.org/keywords/field-programmable-gate-array","display_name":"Field-programmable gate array","score":0.6676159501075745},{"id":"https://openalex.org/keywords/multinomial-distribution","display_name":"Multinomial distribution","score":0.6669913530349731},{"id":"https://openalex.org/keywords/computation","display_name":"Computation","score":0.5329621434211731},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.5069208741188049},{"id":"https://openalex.org/keywords/valuation-of-options","display_name":"Valuation of options","score":0.49883055686950684},{"id":"https://openalex.org/keywords/trinomial-tree","display_name":"Trinomial tree","score":0.4460217356681824},{"id":"https://openalex.org/keywords/simplex","display_name":"Simplex","score":0.4149458408355713},{"id":"https://openalex.org/keywords/parallel-computing","display_name":"Parallel computing","score":0.3881019949913025},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.36405131220817566},{"id":"https://openalex.org/keywords/binomial-options-pricing-model","display_name":"Binomial options pricing model","score":0.27643677592277527},{"id":"https://openalex.org/keywords/algorithm","display_name":"Algorithm","score":0.2336757779121399},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.21616694331169128},{"id":"https://openalex.org/keywords/embedded-system","display_name":"Embedded system","score":0.15961295366287231},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.13539975881576538},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.12242889404296875},{"id":"https://openalex.org/keywords/operating-system","display_name":"Operating system","score":0.08791637420654297}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6822783946990967},{"id":"https://openalex.org/C42935608","wikidata":"https://www.wikidata.org/wiki/Q190411","display_name":"Field-programmable gate array","level":2,"score":0.6676159501075745},{"id":"https://openalex.org/C192065140","wikidata":"https://www.wikidata.org/wiki/Q1147928","display_name":"Multinomial distribution","level":2,"score":0.6669913530349731},{"id":"https://openalex.org/C45374587","wikidata":"https://www.wikidata.org/wiki/Q12525525","display_name":"Computation","level":2,"score":0.5329621434211731},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.5069208741188049},{"id":"https://openalex.org/C194483076","wikidata":"https://www.wikidata.org/wiki/Q380382","display_name":"Valuation of options","level":2,"score":0.49883055686950684},{"id":"https://openalex.org/C166827900","wikidata":"https://www.wikidata.org/wiki/Q7843049","display_name":"Trinomial tree","level":4,"score":0.4460217356681824},{"id":"https://openalex.org/C62438384","wikidata":"https://www.wikidata.org/wiki/Q331350","display_name":"Simplex","level":2,"score":0.4149458408355713},{"id":"https://openalex.org/C173608175","wikidata":"https://www.wikidata.org/wiki/Q232661","display_name":"Parallel computing","level":1,"score":0.3881019949913025},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.36405131220817566},{"id":"https://openalex.org/C105235620","wikidata":"https://www.wikidata.org/wiki/Q1138253","display_name":"Binomial options pricing model","level":3,"score":0.27643677592277527},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.2336757779121399},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.21616694331169128},{"id":"https://openalex.org/C149635348","wikidata":"https://www.wikidata.org/wiki/Q193040","display_name":"Embedded system","level":1,"score":0.15961295366287231},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.13539975881576538},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.12242889404296875},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.08791637420654297},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/mwscas57524.2023.10406037","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/mwscas57524.2023.10406037","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE 66th International Midwest Symposium on Circuits and Systems (MWSCAS)","raw_type":"proceedings-article"},{"id":"pmh:oai:null:10468/15105","is_oa":false,"landing_page_url":"https://doi.org/10.1109/MWSCAS57524.2023.10406037.","pdf_url":null,"source":{"id":"https://openalex.org/S4306401150","display_name":"Cork Open Research Archive (University College Cork, Ireland)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210141138","host_organization_name":"APC Microbiome Institute","host_organization_lineage":["https://openalex.org/I4210141138"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Conference item"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W102033142","https://openalex.org/W1557238565","https://openalex.org/W1963688037","https://openalex.org/W1963748947","https://openalex.org/W1982039177","https://openalex.org/W2063877455","https://openalex.org/W2072542119","https://openalex.org/W2077791698","https://openalex.org/W2102596689","https://openalex.org/W2137824542","https://openalex.org/W2146612430","https://openalex.org/W2147497453","https://openalex.org/W2259830200","https://openalex.org/W2763564293","https://openalex.org/W3107741654","https://openalex.org/W3124696154","https://openalex.org/W4220861968","https://openalex.org/W4234381228","https://openalex.org/W4234426551","https://openalex.org/W4292863085"],"related_works":["https://openalex.org/W1490925129","https://openalex.org/W3201761445","https://openalex.org/W4200003107","https://openalex.org/W1925555725","https://openalex.org/W4387382185","https://openalex.org/W2302475190","https://openalex.org/W2241632724","https://openalex.org/W2367696439","https://openalex.org/W3208440232","https://openalex.org/W1591296855"],"abstract_inverted_index":{"This":[0],"paper":[1],"describes":[2],"a":[3,16,24],"new":[4],"method":[5,32,79,104],"for":[6,52,75,97,116],"pricing":[7,67,109,121],"American":[8,37],"options":[9,38,84],"that":[10,74],"utilizes":[11],"the":[12,31,48,56,59,69,78,88,103],"OneAPI":[13,49],"framework":[14,50],"and":[15,65,114],"Field-Programmable":[17],"Gate":[18],"Array":[19],"(FPGA)":[20],"device.":[21],"By":[22],"using":[23],"multinomial":[25],"model":[26],"based":[27],"on":[28,58],"Pascals":[29],"Simplex,":[30],"is":[33],"able":[34],"to":[35],"price":[36],"with":[39],"improved":[40,63],"performance":[41,64],"over":[42],"traditional":[43],"methods.":[44],"The":[45,100],"use":[46,117],"of":[47,55,68,92,102],"allows":[51],"efficient":[53],"parallelization":[54],"computations":[57],"FPGA,":[60],"resulting":[61],"in":[62,118],"faster":[66],"options.":[70],"Our":[71],"analysis":[72],"indicates":[73],"7":[76],"assets,":[77],"can":[80],"process":[81],"approximately":[82],"53.74":[83],"per":[85],"second":[86],"at":[87],"maximum":[89],"tree":[90],"depth":[91],"15,":[93],"showcasing":[94],"its":[95,112],"potential":[96],"real-world":[98,119],"applications.":[99,122],"results":[101],"are":[105],"validated":[106],"against":[107],"existing":[108],"models,":[110],"demonstrating":[111],"accuracy":[113],"viability":[115],"option":[120]},"counts_by_year":[],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
