{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,6,19]],"date-time":"2025-06-19T04:28:19Z","timestamp":1750307299099,"version":"3.41.0"},"reference-count":12,"publisher":"Association for Computing Machinery (ACM)","issue":"4","license":[{"start":{"date-parts":[[2010,9,14]],"date-time":"2010-09-14T00:00:00Z","timestamp":1284422400000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.acm.org\/publications\/policies\/copyright_policy#Background"}],"content-domain":{"domain":["dl.acm.org"],"crossmark-restriction":true},"short-container-title":["SIGARCH Comput. Archit. News"],"published-print":{"date-parts":[[2010,9,14]]},"abstract":"<jats:p>Arithmetic Asian options are financial derivatives which have the feature of path-dependency: they depend on the entire price path of the underlying asset, rather than just the instantaneous price. This path-dependency makes them difficult to price, as only computationally intensive Monte-Carlo methods can provide accurate prices. This paper proposes an FPGA-accelerated Asian option pricing solution, using a highly-optimised parallel Monte-Carlo architecture. The proposed pipelined design is described parametrically, facilitating its re-use for different technologies. An implementation of this architecture in a Virtex-5 xc5vlx330t FPGA at 200MHz is 313 times faster than a multi-threaded software implementation running on a Intel Xeon E5420 quad-core CPU at 2.5GHz; it is also 2.2 times faster than the Tesla C1060 GPU at 1.3 GHz.<\/jats:p>","DOI":"10.1145\/1926367.1926371","type":"journal-article","created":{"date-parts":[[2011,1,24]],"date-time":"2011-01-24T14:58:13Z","timestamp":1295881093000},"page":"14-20","update-policy":"https:\/\/doi.org\/10.1145\/crossmark-policy","source":"Crossref","is-referenced-by-count":18,"title":["Efficient reconfigurable design for pricing asian options"],"prefix":"10.1145","volume":"38","author":[{"given":"Anson H.T.","family":"Tse","sequence":"first","affiliation":[{"name":"Imperial College London, UK"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"David B.","family":"Thomas","sequence":"additional","affiliation":[{"name":"Imperial College London, UK"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"K. 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