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
