Derivatives

A comprehensive, concise treatment of the subject of derivatives focusing on making essential concepts accessible to wider audiences.

T. V. Somanathan (Author), V. Anantha Nageswaran (Author), Harsh Gupta (Author)

9781108416207, Cambridge University Press

Hardback, published 24 November 2017

342 pages
23.5 x 15.7 x 2.4 cm, 0.56 kg

This book provides a comprehensive but concise treatment of the subject of derivatives. It focuses on making essential concepts accessible to a wider audience. The book eschews complicated mathematics and high school level mathematics is sufficient to understand it. It describes and explains various derivative instruments, their use and pricing, and the functioning of derivative markets. It uses a large number of examples to elucidate concepts and illustrate their real-life application. A distinguishing feature of the book is that it goes beyond the narrow perspective of derivative traders and investors and takes a broader approach which enhances its appeal to a range of readers. This book will be useful for students in the fields of economics, econometrics, derivatives, and finance and financial professionals, bankers and investors.

List of tables, Figures and boxes
Foreword
Preface to the first edition
Preface to the second edition
Acknowledgements
Part I. Introduction: 1. Introduction
2. Some basic concepts
Part II. Forwards and Futures: 3. Futures and forwards
4. Futures trading: pricing and hedging
5. Interest rate futures
6. Currency futures
7. Futures on equities
Part III. Swaps: 8. Swaps – Part I: interest rate and currency swaps
9. Swaps – Part II: other swaps
Part IV. Options: 10. Options – I: introduction to options
11. Options – II: pricing of options
12. Options – III: equity options strategies
13. Advanced options strategies
14. Options – IV: real and other options
Part V. Other Derivatives and Derivative-like Instruments: 15. Other derivatives
16. Exchange traded funds and structured products
Part VI. Accounting, Taxation and Regulatory Framework: 17. Accounting and taxation
18. Infrastructure for derivatives trading
19. Regulation of derivatives trading an introduction
Part VII. Portfolio Management and Management of Derivative Risks: 20. Portfolio management and derivatives
21. Management of derivative risks
Bibliography
About the authors.

Subject Areas: Econometrics [KCH], Monetary economics [KCBM], Macroeconomics [KCB], Economics [KC], Economics, finance, business & management [K]