| Autore |
Taylor Francesca
|
| Edizione | [Fourth edition.] |
| Pubbl/distr/stampa |
Harlow : , : Pearson Education Limited, , 2012
|
| Descrizione fisica |
1 online resource (xviii, 406 p.) : ill
|
| Disciplina |
332.6457
|
| Soggetto topico |
Derivative securities
|
| ISBN |
9786613056009
9781283056007
1283056003
9780273735687
0273735683
|
| Formato |
Materiale a stampa  |
| Livello bibliografico |
Monografia |
| Lingua di pubblicazione |
eng
|
| Nota di contenuto |
Cover -- Mastering Derivatives Markets -- The author -- Contents -- Author's acknowledgements -- Publisher's acknowledgements -- Foreword -- Contributors -- Background and Development of the Derivatives Markets -- Market background -- Introduction -- Key features -- Uses of derivatives -- Range of derivatives -- Increasing use of the Central Counterparty Model (CCP) -- Risk and benchmarking -- Market volume -- Users and uses of derivatives markets -- Straight Through Processing (STP) -- Market Fundamentals -- Introduction -- How banks generate income -- Three key assumptions -- Role and use of LIBOR -- Day counts -- Financial maths -- Calculating forward rates -- Marking to market (MTM or M2M) -- Yield curves -- Quiz -- Risk - a Primer -- Introduction -- Financial risks: market, credit, liquidity -- Operational risk -- More esoteric risks -- Derivatives Fundamentals -- Range of derivatives -- What is a vanilla trade? -- Settlement -- Triggers -- Liquidity and credit risk -- Understanding the 'underlying' -- Benchmarks -- Fair value -- Dealing with derivatives -- Basic Option Concepts -- Introduction -- Option pricing -- Option mechanics -- Interest Rate Derivatives - Single Settlement Instruments -- Introduction -- Single settlement interest rate derivatives -- Financial futures contracts -- Forward rate agreements (FRAS) -- Interest rate options (IROS) -- Quiz -- Interest Rate Derivatives - OTC Multiple Settlement Instruments -- Introduction -- Interest rate caps and floors -- Interest rate collars -- Interest rate swaps -- Quiz -- Benchmarking in the OTC Derivatives Markets -- Financial benchmarking for derivatives -- Liquidity benchmarking for derivatives -- Operational risk measurements for derivatives -- Conclusion -- Currency Derivatives -- Introduction -- Over the counter currency options -- Currency options: reduced premium strategies.
Simple exotic structures -- Currency swaps -- Exchange-traded instruments -- Quiz -- The Impact of Electronic Trading on the FX Market -- The early years -- FX as part of a commodity portfolio -- First electronic dealing platforms -- Electronic market making -- Phases I and II -- Point and click vs algo traders -- The impact of the credit crisis on banks' FX trading -- Phase III -- Credit Derivatives -- Introduction -- What is credit risk? -- Styles of trading -- The first deals -- Range of credit derivatives -- Credit default swaps -- Central Clearing and the OTC Market -- The basics -- Trade execution -- Risks and mitigation -- Getting trades into clearing -- The business case and benefits -- Predictions for market development -- Terminology -- Equity Derivatives -- Introduction -- Background -- Single stocks or equity indices? -- Stock index futures -- Stock index options -- Single stock options -- Equity index swaps -- Commodity Derivatives -- Introduction -- Exchange-traded energy derivatives -- Exchange-traded futures contracts -- Exchange-traded energy option contracts -- OTC or 'off-exchange' energy derivatives -- OTC option products -- OTC oil swaps -- Carbon Derivatives and Environmental Products -- What are carbon markets? -- Volumes and value -- Overview of regulation -- Carbon instruments -- What drives carbon prices? -- Trading carbon: in practice -- Conclusion -- Regulation in the Derivatives Markets -- Why regulate the derivatives markets? -- Who regulates the derivatives markets? -- Regulatory models and objectives -- Supervisory aims - equal access to markets -- Market integrity -- Market abuse and manipulation -- The role of market surveillance -- Efficient markets -- Continuing regulatory challenges -- Glossary -- Answers to Quizzes -- Index.
|
| Record Nr. | UNINA-9910150238003321 |
Info
Mastering derivatives markets : a step-by-step guide to the products, applications and risks / / Francesca Taylor
