Finance and Stochastics was founded in 1996 by Dieter Sondermann with strong support by many other members of the future editorial board. The idea was to have a high-quality publication platform for both theoretical and applied financial economists using advanced stochastic methods and researchers in stochastics motivated by and interested in applications in finance and insurance. In the last 25 years, Finance and Stochastics has established itself as one of the leading journals in this active field.
A Special Issue of Finance and Stochastics to mark the 25th anniversary will be published later this year. You can find the Editorial by Martin Schweizer and Dieter Sondermann published on the occasion of the 20th anniversary of the journal here: