In this study,we consider two problems.The first one is the problem of computing hedging
portfolios for options that may have discontinuous payoff functions.For this problem we use the Malliavin property called the ...
Functional Itˆo calculus is based on an extension of the classical Itˆo calculus to functionals depending
on the entire past evolution of the underlying paths and not only on its current value. The
calculus builds on ...