Variance and volatility swap valuation with stochastic liquidity and regime switching stochastic volatility

Xin-Jiang He, Wenting Chen, Tuantuan Lu, Sha Lin. Variance and volatility swap valuation with stochastic liquidity and regime switching stochastic volatility. Commun. Nonlinear Sci. Numer. Simul., 154:109558, 2026. [doi]

@article{HeCLL26,
  title = {Variance and volatility swap valuation with stochastic liquidity and regime switching stochastic volatility},
  author = {Xin-Jiang He and Wenting Chen and Tuantuan Lu and Sha Lin},
  year = {2026},
  doi = {10.1016/j.cnsns.2025.109558},
  url = {https://doi.org/10.1016/j.cnsns.2025.109558},
  researchr = {https://researchr.org/publication/HeCLL26},
  cites = {0},
  citedby = {0},
  journal = {Commun. Nonlinear Sci. Numer. Simul.},
  volume = {154},
  pages = {109558},
}