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Is there any great & efficient Financial engineering package ?

There are many pricing and risk packages available for R.  I suggest 
checking the task views, doing your homework, and asking a more specific 
question.

http://cran.r-project.org/web/views/Finance.html
http://cran.r-project.org/web/views/Econometrics.html
http://cran.r-project.org/web/views/TimeSeries.html

Good Luck,

   - Brian
Josh C. Chien wrote: