Articles liés à Financial Derivatives

Financial Derivatives - Couverture souple

Kolb, Robert W.

 
9780130515599: Financial Derivatives

Synopsis

This text is designed for investment professionals who have not previously dealt with derivatives, and for individual investors who are trying to get a basic understanding of these financial instruments. From the basics of futures, options and swaps, to option combinations such as straddles, strangles, bull, bear and butterfly spreads, the study aims to provide explanations of trading, pricing and the risk management implications of these investment instruments.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Financial Derivatives procides a thorough introduction to finacial derivatives designed to supplement a wide range of university finance and economics courses.
The text has two principle goals. First, it offers a broad overview of the different types of financial derivatives futures, options, options on futures, and swaps – while focusing on the principles that determine market prices. Second, the text presents financial derivatives as tools for risk management in a corporate setting, rather than as instruments of speculation. This approach is consistent with tye emergence of financial institutions and corporations as dominant forces in markets for financial derivatives. A new chapter 6, Risk Management and Finacial Engineering reflects the maturation of financial engineering as a financial speciality and illustrates how financial engineers use derivatives to manage risk.

Quatrième de couverture

Financial Derivatives– financial instruments whose value depends onm other basic instruments, such as stocks or bonds– have emerged as imporatnat risk–mangement tools in the corporate world. Financial Derivatives offers a broad overview of the different types of derivatives (futures, options on futures, and swaps), while focussing on the principles that determine market prices. This introduction presents financial derivatives as tools for managing risk in a corporate setting, rather than instruments of speculation. The approach reflects today′s emergence of corporations and financial institutions as dominant forces in finacial derivative markets. A new chapter, Risk Management and Financial Engineering, reflects the maturation of financial engineering as a financial specialty and illustrates how financial engineers use derivatives to manage risk.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.