Authors: Sebastian Ferrando and Jihong Cai, Ryerson University.
This technical report describes the associated C++ library {\it
localMC: A C++ Implementation of localized Monte Carlo on trees}. This library
implements some of the algorithms described in the reference {\it Localized
Monte Carlo algorithm to compute prices of path dependent options on trees}. The
goal of the project was mainly to develop the functionality needed to obtain the
numerical output required in that paper.