DERIVATIVES 2E

This book provides a comprehensive coverage of the fundamental concepts of the subject which will be useful to postgraduate students as well as practitioners. The book begins with an introduction to derivatives forwards and futures commodity futures stock and index futures currency forwards and futures and then moves on to the study of interest rate and forwards interest rate futures and interest rate and currency swaps. This is followed by a study of topics such as options - basics option pricing - basics option pricing - binomial model options - Black Scholes model and Options Greeks - Sensitivities. Subsequently the book covers chapters such as volatility and value at risk hedging with options options trading strategies exotic options interest rate options options on futures and swaps. Finally the text covers credit risk securitization and credit derivatives corporate securities and derivatives real options weather and energy derivatives accounting for derivatives and derivatives disasters.