Fundamentals of Futures and Options Markets
Author: Hull, John
Number Of Pages: 624
Release Date: 12-01-2016
Details: Product Description KEY BENEFIT: Fundamentals of Futures and Options Markets covers much of the same material as Hull’s acclaimed title, Options, Futures, and Other Derivatives. However, this text simplifies the language for a less mathematically sophisticated audience. The Ninth Edition of Fundamentals of Futures and Options Markets offers a wide audience a sound and easy-to-grasp introduction into financial mathematics. KEY TOPICS: Introduction; Futures markets and central counterparties; Hedging strategies using futures; Interest rates; Determination of forward and futures prices; Interest rate futures; Swaps; Securitization and the credit crisis of 2007; Mechanics of options markets; Properties of stock options; Trading strategies involving options; Introduction to binomial trees; Valuing stock options: the Black―Scholes―Merton model; Employee stock options; Options on stock indices and currencies; Futures options and Black’s model; The Greek letters; Binomial trees in practice; Volatility smiles; Value at risk and expected shortfall; Interest rate options; Exotic options and other nonstandard products; Credit derivatives; Weather, energy, and insurance derivatives; Derivatives mishaps and what we can learn from them MARKET: For anyone interested in Futures and Options Markets. About the Author John Hull is the Maple Financial Professor of Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto. He is an internationally recognized authority on derivatives and risk management with many publications in this area. His work has an applied focus. In 1999 he was voted Financial Engineer of the Year by the International Association of Financial Engineers. He has acted as consultant to many North American, Japanese, and European financial institutions. He has won many teaching awards, including University of Toronto’s prestigious Northrop Frye award.
Package Dimensions: 10.4 x 8.2 x 1.1 inches