Derivative instruments are the future for financial markets - no finance professional can survive without a working knowledge of their characteristics, operation and behaviour. This book provides... This description may be from another edition of this product.
I liked the simple style used throughout to deftly (and simply) explain Financial Derivatives, Markets, Systems and Risks. I learned a lot from this book, but was slightly disappointed that it didn't delve deeper into Credit Derivatives.
Good Start
Published by Thriftbooks.com User , 22 years ago
This is a good reading for someone with no Futures & Options knowledge. I find it quite useful how the author clearly defines various swaps namely-- Currency, Interest Rates and Energy. However, this book would not cover newer Derivs stuff i.e. Credit Derivatives (though it provides a simple snapshot of CDS and TRS). I commend the author for not taking the GEEK approach.
Basic and thorough understanding on Derivatives
Published by Thriftbooks.com User , 23 years ago
You may seldom locate a book telling you one of the most practical aspect in recent regime of financial accountng - booking the derivatives. Nevertheless, it spent a few paragraphs together with some examples showing you the booking of three major types of derivatives in the financial market. Other topics also illustrate comprehensively the functioning of the derivatives as well as accompanied with various examples. Had it not been for the limited pages in explaining the booking methodology, it would have been the best derivatives related book that I have met before.
Easy to follow
Published by Thriftbooks.com User , 25 years ago
An excellent introduction to options and the over-the- counter foreign exchange markets.Lays out in simple plain English trading strategies and goes about removing some of the mystery that surrounds this subject
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