#### Bastian Gross

##### German Mathquant

I want to ask, is someone interested in functional quantization?

And not only because of an word joke with QUANTization und QUANTnet. :-\"

**Functional quantization is an very useful alternative solution for pricing options, especially pathdepent options, in contrast to Monte Carlo methods.**

I know, that (dutch) ABN Amro use a software packet to pricing its Option by functional quantization.

Do anyone of you know much more about this mathematical method in financial engineering?

The Book of Graf and Luschgy:

Foundations of Quantization for Probability Distributions

And here are two articels about Quantization and its numerical applications to pricing option:

- path-depent European options (Quadratic optimal functional quantization of stochastic processes and numerical applications)
- Swing Options (Optimal quantization for the pricing of swing options)

I'm prepared to answer further questions.