Mathematical Finance

Cover image for Vol. 27 Issue 1

Edited By: Jerome Detemple

Impact Factor: 2.283

ISI Journal Citation Reports © Ranking: 2015: 5/49 (Social Sciences Mathematical Methods); 9/94 (Business Finance); 14/101 (Mathematics Interdisciplinary Applications); 35/345 (Economics)

Online ISSN: 1467-9965

Author Guidelines

Mathematical Finance publishes articles that investigate the interface between mathematics and finance. Financial theory, financial engineering, and related mathematical and statistical techniques are examples of suitable topics.  Papers in financial theory may involve stochastic processes, game theory, optimization theory, or similar topics in the mathematical sciences. Papers in financial engineering should be similar but emphasize the development of practical tools and products for the financial industry.

The journal also seeks papers on new statistical methods for the analysis of financial problems. Empirical results are appropriate to the extent that they illustrate a statistical technique, enrich an example, or validate a model. However, papers whose significance rests on empirical results derived with standard approaches are not suitable. Similarly, papers that present simulation results or computation experience with algorithms are encouraged, provided these results are crucial to a financial application.

While every paper will involve mathematics, each paper must make clear its contribution to finance. The paper that only uses advanced mathematics in routine ways, for example, will be eschewed.

In summary, Mathematical Finance serves as a forum for bringing together financial researchers, financial practitioners, and mathematical scientists. Submitted papers will be screened by one of the three editors. A paper that is clearly unsuitable will be returned immediately to the author. Otherwise, an associate editor conducts the primary evaluation. This associate editor may seek the opinions of outside reviewers who are usually aware of the identity of the author. The associate editor then prepares a recommendation for the editors. If the recommendation is to revise or reject the paper, then normally this is the final decision. At least two of the three editors must be in favor of acceptance for publication to occur.

Editorial Board members and editors are welcome to submit papers to the journal. The review process for Editoral Board members' papers is the same as outlined above. For the editors, however, the other editors direct the review process and their decision is reviewed by the Advisory Board.

Authors will be required to assign copyright in their paper to Mathematical Finance. Copyright assignment is a condition of publication and papers will not be passed to the publisher for production unless copyright has been assigned.  (Papers subject to government or Crown copyright are exempt from this requirement.)  To assist authors an appropriate copyright assignment form will be supplied by the editorial office.


Go to and create an account with Mathematical Finance, if you do not already have an account, by clicking on the create account tab at the upper right and then log in to make your submission. The contents must represent original and unpublished work and the paper should not be considered for publication elsewhere. There is no submission charge.

The paper should be formatted as follows.  Double-space all lines, including footnotes and references. The title page should include the authors, their affiliations, key words, and a short abstract. Acknowledgements, if any, should appear on the title page as a footnote.

Begin with an introductory section that briefly summarizes the main results and explains the paper's significance and contribution to finance. This introduction should be accessible to the knowledgeable reader who perhaps does not thoroughly understand the mathematics used in the paper. Indeed, without sacrificing precision and rigor, authors using considerable mathematics must take a special effort to facilitate the communication of their technical results. For instance, proofs can be accompanied by remarks that help the reader develop intuition about the underlying arguments, and examples can illuminate important concepts.

Results should be presented in a careful and mathematically rigorous fashion. A theorem-proof format may be appropriate, in which case the proofs can immediately follow the corresponding theorems or be placed in an appendix. All items, except main headings, requiring numbers should be double-numbered by sections, each presented as a separate paragraph (e.g. , Lemma 2.1.); the statements themselves should be in italics. If it is necessary to number a displayed equation, it should be double-numbered (by section) on the left. Mathematical symbols should be in italics unless, of course, another typeface is necessary (e.g. , boldface, roman). A short concluding section may be useful for summarizing the technical results in a qualitative fashion.

The backmatter should appear as follows: appendix (if any), references, footnotes (if any) numbered consecutively starting with 1, and, finally, any tables and figures, which should be high-quality reproductions.

References should be prepared according to the Publication Manual of the American Psychological Association (6th edition). This means in text citations should follow the author-date method whereby the author's last name and the year of publication for the source should appear in the text, for example, (Jones, 1998). The complete reference list should appear alphabetically by name at the end of the paper.

A sample of the most common entries in reference lists appears below. Please note that a DOI should be provided for all references where available. For more information about APA referencing style, please refer to the APA FAQ. Please note that for journal articles, issue numbers are not included unless each issue in the volume begins with page one.

Journal article
Beers, S. R., & De Bellis, M. D. (2002). Neuropsychological function in children with maltreatment-related posttraumatic stress disorder. The American Journal of Psychiatry, 159, 483–486. doi:10.1176/appi.ajp.159.3.483

Book edition
Bradley-Johnson, S. (1994). Psychoeducational assessment of students who are visually impaired or blind: Infancy through high school (2nd ed.). Austin, TX: Pro-ed.

NEW: Online production tracking is now available for your article through Blackwell’s Author Services.

Author Services enables authors to track their article -- once it has been accepted -- through the production process to publication online and in print. Authors can check the status of their articles online and choose to receive automated e-mails at key stages of production so they don’t need to contact the production editor to check on progress. Visit for more details on online production tracking and for a wealth of resources including FAQs and tips on article preparation, submission, and more.

Copyright Transfer Agreement

If your paper is accepted, the author identified as the formal corresponding author for the paper will receive an email prompting them to login into Author Services; where via the Wiley Author Licensing Service (WALS) they will be able to complete the license agreement on behalf of all authors on the paper.

For authors signing the copyright transfer agreement

If the OnlineOpen option is not selected the corresponding author will be presented with the copyright transfer agreement (CTA) to sign. The terms and conditions of the CTA can be previewed in the samples associated with the Copyright FAQs below:

CTA Terms and Conditions

For authors choosing OnlineOpen

If the OnlineOpen option is selected the corresponding author will have a choice of the following Creative Commons License Open Access Agreements (OAA):

Creative Commons Attribution License OAA
Creative Commons Attribution Non-Commercial License OAA
Creative Commons Attribution Non-Commercial -NoDerivs License OAA

To preview the terms and conditions of these open access agreements please visit the Copyright FAQs hosted on Wiley Author Services and visit

If you select the OnlineOpen option and your research is funded by The Wellcome Trust and members of the Research Councils UK (RCUK) or the Austrian Science Fund (FWF) you will be given the opportunity to publish your article under a CC-BY license supporting you in complying with your Funder requirements. For more information on this policy and the Journal’s compliant self-archiving policy please visit:

Wiley's Self-Archiving Policy
Authors of articles published in Wiley journals are permitted to self-archive the submitted (preprint) version of the article at any time, and may self-archive the accepted (peer-reviewed) version after an embargo period. Use the following link for more information, and to view the policy for Mathematical Finance: