Mastering Derivatives Markets: A Step-by-Step Guide to the Products, Applications and Risks

Mastering Derivatives Markets is the most widely read book on the general derivatives market, and is read by everyone from bankers and brokers to journalists. The latest edition once again offers a comprehensive overview of everything a professional investor needs to know regarding the derivative process and its instruments. This include recent changes in derivative trading, and explanations into options, swaps and futures across the key asset classes of rates, currency, equity, commodity and credit. In support of this, it also covers newer and more complex tools such as credit derivatives, and answers the following questions: What happens after the deal is done? What is benchmarking? How does STP work in this market? What are electronic templates? How is technology evolving? How do the new accounting regulations work, IAS 39, FASB 133? How will MiFID affect what we do? This book is your passport to derivative success. Don't enter the market without it. The Mastering Series are your practical guides to gaining the knowledge you need to succeed in the financial world. With the very latest practical examples, exercises and templates used throughout for ease of understanding, The Mastering Series covers every aspect of the topic from the basic essential skills you need to perform your job effectively to the more advanced skills to get you to the top. Written by practitioners for practitioners, these books give you just what you need - and nothing more - to succeed in finance. Several of the titles also come with companion CDs to allow you to put the book's ideas into action straightaway. The Mastering Series: Practical, comprehensive, essential.