Derivatives demystified : a step-by-step guide to forwards, futures, swaps and options /
Andrew M. Chisholm.
- Second Edition.
- Sussex, UK : Wiley [A John Wiley and Sons, Ltd. Publication], c2010.
- xvii, 268 p. : 24 cm.
- Wiley finance series .
Derivatives are everywhere in the modern world and it is important for everyone in banking, investment and finance to have a good understanding of the subject. Derivatives Demystified provides a step-by-step guide to the subject, enabling the reader to have a solid, working understanding of key derivative products. Adopting a highly accessible approach, the author explains derivative products in straightforward terms and without the complex mathematics that underlie the subject, focusing on practical applications, case studies and examples of how the products are used to solve real-world probl.
Contents; Acknowledgements; 1 The Origins and Growth of the Market; 2 Equity and Currency Forwards; 3 Forward Rate Agreements; 4 Commodity and Bond Futures; 5 Interest Rate and Equity Futures; 6 Interest Rate Swaps; 7 Equity and Credit Default Swaps; 8 Fundamentals of Options; 9 Hedging with Options; 10 Exchange-Traded Equity Options; 11 Currency or FX Options; 12 Interest Rate Options; 13 Option Valuation Concepts (1); 14 Option Valuation Concepts (2); 15 Option Sensitivities: The 'Greeks'; 16 Option Trading Strategies (1); 17 Option Trading Strategies (2). 18 Convertible and Exchangeable Bonds 19 Sturctured Securities 20 Clearing, Settlement and Operational Risk
Department of Business Administration
9780470093825 047009382x
Derivative securities Business and Economics--Investment and Securities