Kragujevac J. Math. 27 - 8 Kragujevac J. Math. 27 (2005) 91-100.

PARALLEL ALGORITHM FOR SOLVING THE BLACK-SCHOLES EQUATION

Ioana Chiorean

Babe s-Bolyai University, Faculty of Mathematics
Kogalniceanu 1, 3400 Cluj-Napoca, Romania

(e-mail: ioana@cs.ubbcluj.ro)

(Received March 15, 2005)

Abstract. The aim of this paper is to study the possibility of obtaining the numerical solution of the Black-Scholes equation in parallel, by means of several processors, using the finite difference method. A comparison between the complexity of the parallel algorithm and the serial one is given.