All About Derivatives Second Edition

EVERYTHING YOU NEED TO KNOW ABOUT DERIVATIVES

All About Derivatives, Second Edition, presents the complex subject of financial derivatives with a clarity and coherence you won’t find in other books. Using real-world examples and simple language, it lucidly illustrates what derivatives are and why they are so powerful. This second edition of All About Derivatives provides a rock-solid foundation on:
The most common contracts available to you in today's market

Key concepts such as cost of carry, settlement, valuation, and payoff

Proven methods for establishing fair value

How leverage can work for you--and against you

The various derivative contracts traded today, including forwards, futures, swaps, and options

Pricing methods and mathematics for determining fair value

Hedging strategies for managing and reducing different types of risk




INCLUDES A BRAND-NEW CHAPTER ON THE ROLE DERIVATIVES PLAYED IN THE 2008 FINANCIAL MELTDOWN