Derivatives Markets and Analysis (eBook)

R. Stafford Johnson (Autor)

eBook Download: PDF

2017 | 1. Auflage
784 Seiten
John Wiley & Sons (Verlag)
978-1-118-22828-9 (ISBN)

Infos

A practical, informative guide to derivatives in the real
world

Derivatives is an exposition on investments, guiding you
from the basic concepts, strategies, and fundamentals to a more
detailed understanding of the advanced strategies and models. As
part of Bloomberg Financial's three part series on securities,
Derivatives focuses on derivative securities and the
functionality of the Bloomberg system with regards to derivatives.
You'll develop a tighter grasp of the more subtle complexities
involved in the evaluation, selection, and management of
derivatives, and gain the practical skillset necessary to apply
your knowledge to real-world investment situations using the tools
and techniques that dominate the industry. Instructions for using
the widespread Bloomberg system are interwoven throughout, allowing
you to directly apply the techniques and processes discussed using
your own data. You'll learn the many analytical functions used to
evaluate derivatives, and how these functions are applied within
the context of each investment topic covered. All Bloomberg
information appears in specified boxes embedded throughout the
text, making it easy for you to find it quickly when you need or,
or easily skip it in favor of the theory-based text.

Managing securities in today's dynamic and innovative investment
environment requires a strong understanding of how the increasing
variety of securities, markets, strategies, and methodologies are
used. This book gives you a more thorough understanding, and a
practical skillset that investment managers need.

* Understand derivatives strategies and models from basic to
advanced

* Apply Bloomberg information and analytical functions

* Learn how investment decisions are made in the real world

* Grasp the complexities of securities evaluation, selection, and
management

The financial and academic developments of the past twenty years
have highlighted the challenge in acquiring a comprehensive
understanding of investments and financial markets.
Derivatives provides the detailed explanations you've been
seeking, and the hands-on training the real world demands.

Autor

R. STAFFORD JOHNSON is director for the Smith Center at Xavier University. He is also a professor of finance at the university's Williams College of Business. He is the author of five monographs and six books, including Options and Futures; Introduction to Derivatives; Bond Evaluation, Selection, and Management, Second Edition; Debt Markets and Analysis; and Equity Markets and Portfolio Analysis. He has authored or co-authored over 50 academic journal articles.

Inhalt

Preface ix

Acknowledgments xiii

About the Author xiv

PART 1: FUTURES AND FORWARD CONTRACTS 1

CHAPTER 1 Futures Markets 3

CHAPTER 2 Currency Futures and Forward Contracts 47

CHAPTER 3 Equity Index Futures 78

CHAPTER 4 Interest Rate and Bond Futures and Forward Contracts 121

PART 2: OPTIONS MARKETS AND STRATEGIES 185

CHAPTER 5 Fundamentals of Options Trading 187

CHAPTER 6 Non-Stock Options: Equity Index, Futures, OTC, and Embedded Options 224

CHAPTER 7 Option Strategies 278

CHAPTER 8 Option Hedging 332

PART 3: OPTION PRICING 397

CHAPTER 9 Option Boundary Conditions and Fundamental Price Relations 399

CHAPTER 10 The Binomial Option Pricing Model 439

CHAPTER 11 The Black-Scholes Option Pricing Model 505

CHAPTER 12 Pricing Non-Stock Options and Futures Options 544

CHAPTER 13 Pricing Bond and Interest Rate Options 578

PART 4: FINANCIAL SWAPS 625

CHAPTER 14 Interest Rate Swaps 627

CHAPTER 15 Credit Default and Currency Swaps 673

PART 5: SUPPLEMENTAL APPENDIXES 705

Appendix A Overview and Guide to the Bloomberg System 707

Appendix B Directory Listing of Bloomberg Screens by Menu and Function 742

Appendix C Uses of Exponents and Logarithms 755

Index 761

Produkt-Details

• Erscheint lt. Verlag: 29.8.2017
• Reihe/Serie: Bloomberg Professional
• Reihe/Serie: Bloomberg Professional
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Schlagworte: Derivat (Wertpapier) • Finance & Investments • Finanzinstrument • Finanz- u. Anlagewesen • Investments & Securities • Kapitalanlage • Kapitalanlagen u. Wertpapiere
• ISBN-10: 1-118-22828-6 / 1118228286
• ISBN-13: 978-1-118-22828-9 / 9781118228289