June 2007

ANNOUNCEMENTS

Exhibiting at SIFMA from June 19-21 in New York

FINCAD is exhibiting at SIFMA (Securities Industry and Financial Markets Association) Technology Management Conference from June 19-21, 2007 in New York.

WHEN: June 19-21, 2007
WHERE: Hilton Hotel New York, 1335 Avenue of Americas
BOOTH: 1710, Second Floor

Representatives will be available at the booth to tell you about recent developments in our product line and update you on our financial analytic solutions.

Survey Draw Results for FINCAD XL and FINCAD Developer

Thank you to all those who participated in the annual FINCAD XL and FINCAD Developer surveys. All participants were entered into a random draw. The winners of the free FINCAD XL v11 upgrade and the iPod nano are

Tim Marsland, Director, Bifm Capital (Pty) Ltd.

Ben Gram, IT Manager, MainStreet Financial Services, Inc.

Congratulations!

Thank you to all participants of the FINCAD XL and FINCAD Developer surveys. We appreciate your time and value your
feedback.

FEATURED INSTRUMENT

Pricing convertible bonds

» Learn how to price convertible bonds using partial differential equation (PDE) methods with FINCAD software.

FEATURED TIP

Pricing floating rate notes (FRNs) with multiple payments per reset period

» Learn how to price FRNs with FINCAD software.

DEVELOPER'S CORNER

Best practices for prototyping using Microsoft Excel

This article will describe the benefits of creating a software prototype, the reasons for building it using Microsoft Excel and some ideas on how to reinforce good coding practices.
» Best practices for good coding