Futures and Options
Published on 1. September 1992
Book
Paperback/Softback
544 pages
978-0-07-112604-5 (ISBN)
Description
This text is designed for students or practitioners who want to learn how futures and options markets operate. It covers complex and difficult subjects, such as hedging, in a systematic way. It is designed for use at the undergraduate and graduate level where courses in futures, futures and options, speculative markets or advanced risk management are offered. The text gives a step-by-step analysis of each topic, starting from the very simple and building to more sophisticated levels. It uses real data, data analysis, and graphical analysis extensively. It also provides general hedging concepts and applies them to many different futures contracts and situations.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
McGraw-Hill Education - Europe
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 230 mm
Weight
860 gr
ISBN-13
978-0-07-112604-5 (9780071126045)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Content
An introduction to futures markets; mechanics of buying and selling futures; the clearing house - future prices, hedging fundamentals; devising a hedging strategy; social benefits of futures markets and the role of speculation; the economic and historical rationales for regulating futures markets; regulation of futures markets; stock index futures; the 1987 stock market crash and the controversy over stock index futures; short-term interest rate futures; long-term interest rate futures; foreign currency futures; commodity futures; trading methods and strategies; speculators - who are they and who wins and loses?; option fundamentals; option pricing; speculating and hedging with options.