Exact Solutions for Futures and European Futures Options on Pure Discount Bonds
在Ornstein-Uhlenbeck（正态）过程下，给出了纯贴现债券期货和欧式期货期权的闭式解，并讨论了与Black模型的关键差异。
This paper provides closed form solutions for futures and European futures options on pure discount bonds under the Ornstein-Uhlenbeck (normal) process. A significant difference between Black's model (1976) and the model in this paper for futures options is discussed.