Steve Heston

Steve Heston is a notable figure in finance, particularly recognized for his contributions to understanding financial markets through the lens of quantitative analysis. He is best known for developing the Heston model, a mathematical framework that helps traders and analysts evaluate options pricing by accounting for volatility and how it changes over time. This model improves the accuracy of predicting asset prices, making it an essential tool in risk management and financial strategy. Heston's work bridges finance and mathematics, making complex market behaviors more comprehensible and manageable for investors.