Kategoria BISAC: Business & Economics >> Investments & Securities - Derivatives

The last few years have been a watershed for the commodities, cash and derivatives industry. New regulations and products have led to an explosion in the commodities markets, creating a new asset for investors that includes hedge funds as well as University endowments, and has resulted in a spectacular growth in spot and derivative trading.

This book covers hard and soft commodities (energy, agriculture and metals) and analyses:

• Economic and geopolitical issues in commodities markets
• Commodity price and volume risk
• Stochastic modelling of commodity spot...

A comprehensive, in-depth look at global debt capital markets in the post-crisis world

Fully updated with comprehensive coverage of the post-crisis debt markets and their impact on key industry issues, Fixed Income Markets: Management, Trading, and Hedging, Second Edition offers insights into derivative pricing, cross-currency hedging, and new liquidity legislation. Written by Choudhry, Moskovic, and Wong, Fixed Income Markets is an indispensable read for anyone working in bond markets, interest-rate markets, and credit derivatives markets looking to better understand...

The first swap was executed over thirty years ago. Since then, the interest rate swaps and other derivative markets have grown and diversified in phenomenal directions. Derivatives are used today by a myriad of institutional investors for the purposes of risk management, expressing a view on the market, and pursuing market opportunities that are otherwise unavailable using more traditional financial instruments. In this volume, Howard Corb explores the concepts behind interest rate swaps and the many derivatives that evolved from them.

Corb's book uniquely marries academic rigor and...

A succinct book that provides readers with all they need to know about the equity derivatives business. It deals with vanilla equity products, their usage, structuring and their risk management. The author efficiently bridges the gap between theory and practice, constantly linking risk management tools with specific business objectives.

"In my view, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal." - Warren Buffet, Berkshire Hathaway annual report of 2002. Affinity Capital: Financial Weapons of Mass Destruction put to good use refers to this famous quote and is for a very specific target audience. Emma Davidson, through her extensive experience and knowledge of a niche area within the derivatives world, deals with and uses these WMDs to the advantage of her clients. Affinity Capital introduces us to the author, her values and ethics that have been...

While most books on derivatives discuss how they work, this book looks at the contributions of derivatives to overall economic well-being. It examines both the beneficial and adverse effects of derivatives trading from the perspectives of economic theory, empirical evidence and recent economic history. Aiming to present the concepts in a fair, non-ideological, non-mathematical and simple manner, and with the authors' own synthesis, it draws on economic insights from relevant work in other disciplines, particularly sociology and law. The book also presents some new theoretical ideas and...

Manufacturing and Managing Customer-Driven Derivatives

Manufacturing and Managing Customer-Driven Derivatives sheds light on customer-driven derivative products and their manufacturing process, which can prove a complicated topic for even experienced financial practitioners. This authoritative text offers up-to-date knowledge and practices across a broad range of topics that address the entire manufacturing, pricing and risk management process, including practical knowledge and industrial best practices. This resource blends quantitative and business perspectives to...

This book analyzes in depth all major derivatives debacles of the last half century including the multi-billion losses and/or bankruptcy of Metallgesellschaft (1994), Barings Bank (1995), Long Term Capital Management (1998), Amaranth (2006), Societe Generale (2008) , AIG (2008) and JP Morgan-Chase (2012). It unlocks the secrets of derivatives by telling the stories of institutions which played in the derivative market and lost big. For some of these unfortunate organizations it was daring but flawed financial engineering which brought them havoc. For others it was unbridled speculation...

UPDATED VERSION This book is useful for new learners. If you are well versed in gann theories, think twice before buying this book. Commodity market legend William D. Gann's Midpoint theory is a successful tool for intraday trading in small cap shares and commodity. NO TECHNICAL ANALYSIS KNOWLEDGE NEEDED. Anyone can use Gann's Midpoint theory. Simple mathematical calculations only, to predict market move. Wonderful tool for Intraday trading, particularly for SMALL CAP & SMALL VALUE COMMODITIES. Buying this book is a good investment. ATTENTION BOOK RESELLERS: Buy this book in discounted price....

Since the development of the Black-Scholes model, research on equity derivatives has evolved rapidly to the point where it is now difficult to cut through the myriad of literature to find relevant material. Written by a quant with many years of experience in the field this book provides an up-to-date account of equity and equity-hybrid (equity-rates, equity-credit, equity-foreign exchange) derivatives modeling from a practitioner's perspective. The content reflects the requirements of practitioners in financial institutions: Quants will find a survey of state-of-the-art models and guidance on...

A clear, practical guide to working effectively with derivative securities products

Derivatives Essentials is an accessible, yet detailed guide to derivative securities. With an emphasis on mechanisms over formulas, this book promotes a greater understanding of the topic in a straightforward manner, using plain-English explanations. Mathematics are included, but the focus is on comprehension and the issues that matter most to practitioners--including the rights and obligations, terms and conventions, opportunities and exposures, trading, motivation, sensitivities, pricing,...

stock Market is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio at a relatively low cost.

L'ambition de cet ouvrage est de proposer le meilleur cours d'initiation aux produits derives. Pour atteindre cet objectif, nous avons opte pour un texte accessible et des chapitres concis favorisant un apprentissage rapide. Des exercices corriges permettent de s'autoevaluer et un glossaire facilite l'acces aux definitions. Chose inedite pour un livre sur les produits derives, il est accompagne d'un site Internet www.masterderivatives.com. Grace a cet outil, vous pourrez notamment evaluer les produits derives avec autant de facilite que les professionnels des salles de marches. Ce livre...

People invest in traditional assets - stocks, bonds and cash. This is a textbook about other assets --alternatives-. Most (all?) alternative textbooks seem to only discuss funded alternatives. When discussing real estate, it is usually assumed one buys the building. Totally separate are textbooks in derivatives - buying with little money upfront (unfunded). We believe both funded and unfunded alternatives should be organized on what drives value, not whether you borrow to buy the asset. How to value both types of alternative assets are combined in this book. The authors believe in the spiral...

What is a Euro/USD Future and how is it quoted? When do S&P500 Options trade and in which Exchange? What is the Fear Index? This book introduces readers to 89 of the world's most popular Exchange Traded Derivatives markets. Handpicked from thousands of products out there, these products are used by investors around the world to hedge or speculate on FX, Equity Indices, Bonds, Currencies and Commodities. Written for brokers, traders, investment advisors, students, and people eager to learn and trade derivatives, this book gives readers: - A practical understanding of the underlying instruments...

Despite the long and chequered history of commodity derivatives trading in this country, extending for more than century and a half, neither the lay nor the learned, including, surprisingly, most economists and even those involved in regulation of commodity derivatives exchanges, betray lack of knowledge on the theory, working, utility, and regulation of trading in commodity derivatives of diverse hues. It is against this background, the present book is aimed at teaching the commodity derivatives exchanges, their participants, the regulator s, and the students of commodity derivatives...

Apply practical derivatives knowledge to truly test your understanding

Derivatives Workbook offers practical instruction for students and professionals seeking additional guidance on working with derivatives instruments. Created by CFA Institute as a companion to the comprehensive Derivatives text, this book helps you practice using what you've learned through problems that mimic real-world scenarios. Working with different derivatives instruments helps you gauge how well you understand the instruments' characteristics, both shared and unique; this intimate knowledge...