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FINCAD offers the most transparent solutions in the industry, providing digitale optionen wiki documentation with every product. This is complemented by an extensive library of white papers, articles and case studies. A Binary Barrier Option is a digitale optionen wiki of digital option for which an option's payout depends on whether or not the asset touched a barrier level at some time during the life of the option.

The value of the payoff is not affected by the size of the difference between the underlying and the strike price, and can be in the form of digitale optionen wiki cash payment or delivery of the underlying. The options described here are path dependent, which means that the payout profile depends on the asset value during the life of the option and the value of the underlying asset when the barrier is hit or on the expiry date of the option.

For a digitale optionen wiki, the payout is received if the underlying asset price is greater than the strike price, and for a put, the payout is received if the strike is greater than the underlying asset price.

There are two classes of binary barrier options. The first are options where a payout of cash or the asset is made if the barrier is hit or not hit during the life of the option.

The payout is made either when the barrier is hit, or at option expiry. For cash payouts, this distinction will only affect the period of time over which the payment is discounted. For asset payouts, however, the distinction is more subtle. If the payout is made when the barrier is touched, then the present value of the payout is equal to the discounted barrier value — since this is the digitale optionen wiki value when the barrier is touched.

On the other hand, if the payout is made at option expiry, then the present value of the payout is equal to whatever the asset value happens to be at the expiry date, discounted back to the valuation date. The second class includes options where a payout of cash or the asset is made digitale optionen wiki the barrier is hit or not hit during the life of the option and if the option is in-the-money at expiry.

These are types of digitale optionen wiki and knock-out binary barrier options. There are other types of digital options available digitale optionen wiki the FINCAD library, including various flavors of double barrier binary options. Introduction A Binary Barrier Option is a type of digital option for which an option's payout depends on whether or not the asset touched a barrier level at some time during the life of the option.

Technical Details There are two classes of binary barrier options. Calculate the fair value, risk statistics and probability of hitting the barrier for a binary barrier option with a payoff equal to the asset value if the barrier is touched, or nothing if the barrier is never touched.

Calculate the fair value, risk statistics and probability of hitting the digitale optionen wiki for a binary barrier option with a payoff of a fixed amount of cash if the barrier is touched, or nothing if the barrier is digitale optionen wiki touched.

Calculate the fair value, risk statistics and probability of digitale optionen wiki the barrier for a knock-in binary barrier call or put option with a payoff equal to the value of the asset if the barrier is touched and the option is in the money.

Calculate the fair value, risk statistics and probability of hitting the barrier for a knock-in binary barrier call or put option with a payoff digitale optionen wiki a fixed amount of cash if the barrier is touched and the option is in-the-money. Calculate the fair value, risk statistics and probability digitale optionen wiki hitting the barrier for a binary barrier option with a payoff equal to the value of the asset if the barrier is not touched, or nothing if the barrier is touched.

Calculate the fair value, risk statistics and probability digitale optionen wiki hitting the barrier for a binary barrier option with a payoff of a fixed amount of cash if the barrier is not touched, or nothing if the barrier is touched. Calculate digitale optionen wiki fair value, risk statistics and probability of hitting the barrier for a knock-out binary barrier call or put option with a payoff equal to the value of the asset if the barrier is not touched and the option is in the money at expiry, or nothing if the barrier is touched.

Calculate the digitale optionen wiki value, risk statistics and probability of hitting the barrier for a knock-out binary barrier call or put option with a payoff of a fixed amount of cash if the barrier is digitale optionen wiki touched and the option is in the money at expiry, or nothing if the barrier is touched. Calculate the fair value, delta, and probability of hitting the barrier for a path dependent digital option where the payoff is on the expiration date.

Calculate the fair value, delta, and probability of hitting the barrier for a path dependent digital option where the payoff is made at the time the barrier is touched. The next generation of powerful valuation and risk solutions is here. Portfolio valuation and risk analytics for multi-asset derivatives and fixed income.

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OsmAnd is a GPS Navigation and map application that runs on many Android and iOS smartphones and tablets, featuring optional offline maps and turn by turn directions. The software is well refined, reliable, globally deployed, and runs on many Android and iOS based smartphones, tablets, and a wide array of Linux-based systems. Frequently updated map and POI data are typically downloaded beforehand and stored on the navigation device.

Subsequent use does not require an Internet connection, which allows unlimited usage without incurring potentially costly data transfer charges. It also offers uninterrupted and unfettered GPS reliability despite degraded or non-existent cellular phone network signal coverage.

Geodemographic information from Wikipedia and other sources may be integrated as a POI shown on the mobile maps. Map detail stored as vectors and polygons and POI data are often much richer than other off-the-shelf, typically closed and static GPS systems. Best of all, the entire system, the map data and software used to manipulate and display it, are crowdsourced. Any user, with an easy two-minute or less, totally free registration, can correct OpenStreetMap errors, add enhanced POI data, report an OsmAnd software bug, or suggest a potential enhancement.

Most users should use their preferred software supplier e. App Store or Market for convenience and automatic updates. OsmAnd has limited availability, free of charge. If you opt for a free version please directly donate to support the project ;. For more OsmAnd versions and other projects, see OsmAnd's official downloads page. For instance, problems with the underlying map data key and value omissions, way connection errors, inconsistencies, etc.

Once the underlying map data is completely cleansed or fully complete OsmAnd software should produce expected results. The OsmAnd rendered map data files are frequently updated, and each update typically has hundreds if not thousands of corrections and additions. Likewise, Points of Interest POI data in particular requires constant vigilance to remain relevant and accurate with numerous organizations moving, or going in or out of business each month.

Supplying correcting map information to the OpenStreetMap organization is very easy. You can simply just report problems, and that by itself is very helpful. Or you can actually roll up your sleeves and edit the map data directly. After registering a simple, two-minute process you can use the free, very simple to use programs to edit the underlying data directly.

Please do your share of the hard work it is to keep the underlying OpenStreetMap data in pristine condition. OsmAnd does not use the OpenStreetMap standard tile layer also known as openstreetmap-carto to generate its maps, so bugs related to maps rendered for OsmAnd do not belong there. OsmAnd uses its own tile render generation routines, generally defined in the OsmAnd-resources GitHub project.

OsmAnd is a large software project with millions of users worldwide. Relatively few people actually do the work to provide virtually everyone with a great application, built upon great data. If you have a support issue and resolve it through a convoluted, time consuming process, please go back and help update the FAQ, the Wiki, the Forum pages, etc.

Make it much easier for the next person with the same issue to get to the solution. Help the coders document and best express the program's features, and explain all the typical use-cases. If you have Java programming experience by all means refactor, streamline and better document the running code, add well tested new features, and take it upon yourself to tackle any open item on the Issue List.

High quality, timely support requires many hands to make light the lifting. Please pitch in and contribute to OSMand's on-going support needs in any way you can. OsmAnd is a map and navigation application with access to the free, worldwide, and high-quality OpenStreetMap data. All map data can be stored on your device's memory card for offline use. Via your device's GPS, OsmAnd offers routing, with visual and voice guidance, for car, bike, and pedestrian. All the main functionalities work both online and offline no internet needed when navigatiOg.

Elevation data is not yet used for routing but may be considered when using an external routing engine such as BRouter. OsmAnd is open source and actively being developed. Everyone can contribute to the application by reporting bugs, improving translations, or coding new features.

The project is in a lively state of continuous improvement by all these forms of developer and user interaction. The project progress also relies on financial contributions to fund the development, coding, and testing of new functionalities. It is also possible to fund specific new features, or to make a general donation on osmand. OsmAnd supports directly contributing to the OSM database, both online and offline.

Corrections are either uploaded to the OSM database instantly, or in offline mode, must be manually uploaded later. First, you will need to register with OSM. Railway signals from OpenRailwayMap as an overlay. You may also define your own map style. This is a bit involved, please check out our forum , our HowTo pages , and start from the depends rendering template. Edit the file as you wish, rename it XXX. An early version of a Desktop viewer for OsmAnd maps can be downloaded from Sourceforge: Available languages — OsmAnd.

Other languages — Help us translate this wiki. Retrieved from " http: Pages unavailable in Czech Pages unavailable in French. Navigation menu Personal tools English Create account Log in. Views Read View source View history.

This page was last edited on 24 March , at