{"product_id":"new-financial-instruments-paperback-softback-9780471121367","title":"New Financial Instruments (Paperback \/ softback) 9780471121367","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eNew Financial Instruments\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eJulian Walmsley (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471121367, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 16 June 1998\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e544 pages\u003cbr\u003e26 x 18.6 x 4.3 cm, 1.154 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"With the flood of innovations we have seen in international finance in recent years there was a great need for a succinct, comprehensive survey of the field. New Financial Instruments fills that need admirably.\"-Professor Brian Scott-Quinn, ISMA Centre, University of Reading, U.K. (www.ismacentre.rdg.ac.uk)\u003cbr\u003e \u003cbr\u003e \"For the practitioner to keep up with innovations across a wide range of markets is always difficult. This book will be a great help to those who need to bring themselves up to date with a great variety of markets.\"-John Langton, Chief Executive, International Securities Market Association, Zurich\u003cbr\u003e \u003cbr\u003e Praise for the original edition of New Financial Instruments: \"Walmsley's New Financial Instruments is an eye-opening tour through the world of high finance. The author is well versed in the innovations taking place around the globe and explains their operations with much clarity . . . a must read for anyone who wants to be brought up to date on the latest trends in international financial markets.\"-Francois A. Lees, Professor of Finance, Saint John's University, New York\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eIn the beginning, there were four financial instruments: a bank deposit, a bill of exchange, a bond, and an equity. Today, as a result of a steady stream of financial innovations, the market landscape is far less sparse-and far more complex. To help you maneuver smoothly and profitably within this crowded and much-evolved arena, Julian Walmsley's New Financial Instruments has been thoroughly revised and expanded to include complete coverage of all the new financial instruments available to market practitioners.\u003cbr\u003e \u003cbr\u003e New Financial Instruments, Second Edition offers a clear, practical perspective on the shifts and changes behind today's dizzying proliferation of market tools and techniques. Its in-depth examination of both international and domestic markets probes the nature, causes, and consequences of financial innovation, as well as the ins and outs, advantages and disadvantages of the myriad products engendered by change.\u003cbr\u003e \u003cbr\u003e New Financial Instruments, Second Edition is a comprehensive, comparative guide offering concise descriptions of convertibles, warrants, preferred stocks, and other instruments. In addition, Walmsley's clear-eyed analysis distills the latest variations in areas such as barrier options, asset-backed securities, credit derivatives, structured notes, and equity derivatives. There's important information on the origin and methodology of each innovative technique, as well as essential details on the risks, rewards, and key considerations that must be understood before deciding on one instrument over another.\u003cbr\u003e \u003cbr\u003e New Financial Instruments, Second Edition takes you step-by-step through a wide range of procedures, revealing how to:\u003cbr\u003e * Analyze risk level and return\u003cbr\u003e * Use interest rates and currency swaps in synthetic securities\u003cbr\u003e * Value exotic options, weighing the risks they entail against the leverage they provide\u003cbr\u003e \u003cbr\u003e The book also addresses such key topics as:\u003cbr\u003e * Basic analytical tools-present value calculations, zero-coupon curves, modern portfolio theory, value at risk, continuous compounding\u003cbr\u003e * Securitization-transferable loan instruments, Eurocommercial paper, and asset-backed securities\u003cbr\u003e * Swaps-interest rate, currency, diff, zero coupon, asset, and equity\u003cbr\u003e * Options-barrier, binary, cliquet, ladder, rainbow, shout\u003cbr\u003e * Mortgage-backed securities-market development, superfloaters and inverse superfloaters, PAC bonds, reverse PACs and lockouts, TAC bonds\u003cbr\u003e \u003cbr\u003e Supported by extensive illustrations and working examples, this indispensable resource is a must for anyone seeking to understand and apply the latest financial innovations.\u003cbr\u003e \u003cbr\u003e A comprehensive guide to today's new financial instruments-what they are, how they work, and how you can profit from them\u003cbr\u003e \u003cbr\u003e Written by an expert practitioner in the field, this up-to-date, systematic guide takes you through the ins and outs, advantages and disadvantages, risks and rewards of today's sophisticated new financial tools and techniques. Now revised and expanded, New Financial Instruments has complete coverage of bonds, equities, warrants, and other traditional vehicles, as well as a comprehensive overview of the latest developments in asset- and mortgage-backed securities, credit and equity derivatives, convertibles, and preferred stocks.\u003cbr\u003e \u003cbr\u003e \"With the flood of innovations we have seen in international finance in recent years there was a great need for a succinct, comprehensive survey of the field. New Financial Instruments fills that need admirably.\"-Professor Brian Scott-Quinn, ISMA Centre, University of Reading, U.K.\u003cbr\u003e \u003cbr\u003e (www.ismacentre.rdg.ac.uk)\u003cbr\u003e \u003cbr\u003e \"For the practitioner to keep up with innovations across a wide range of markets is always difficult. This book will be a great help to those who need to bring themselves up to date with a great variety of markets.\"-John Langton, Chief Executive, International Securities Market Association, Zurich\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eFOUNDATIONS.\u003cbr\u003e \u003cbr\u003e Financial Innovation.\u003cbr\u003e \u003cbr\u003e Basic Instruments.\u003cbr\u003e \u003cbr\u003e Some Analytical Tools.\u003cbr\u003e \u003cbr\u003e Forwards and Futures.\u003cbr\u003e \u003cbr\u003e Swaps.\u003cbr\u003e \u003cbr\u003e Option Basics.\u003cbr\u003e \u003cbr\u003e NEW FINANCIAL INSTRUMENTS.\u003cbr\u003e \u003cbr\u003e Option Instruments.\u003cbr\u003e \u003cbr\u003e Securitization.\u003cbr\u003e \u003cbr\u003e New Types of Bonds.\u003cbr\u003e \u003cbr\u003e Mortage-Backed Securities.\u003cbr\u003e \u003cbr\u003e Asset-Backed Securities.\u003cbr\u003e \u003cbr\u003e Structured Notes.\u003cbr\u003e \u003cbr\u003e Credit Derivatives.\u003cbr\u003e \u003cbr\u003e Preferred Stock.\u003cbr\u003e \u003cbr\u003e Convertibles and Warrants.\u003cbr\u003e \u003cbr\u003e Equity Derivatives.\u003cbr\u003e \u003cbr\u003e Special Types of Equity.\u003cbr\u003e \u003cbr\u003e Bibliography.\u003cbr\u003e \u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52278202106136,"sku":"9780471121367","price":49.67,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471121367.jpg?v=1781460010","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/new-financial-instruments-paperback-softback-9780471121367","provider":"Freshly Printed Books","version":"1.0","type":"link"}