Risk Management, Speculation, and Derivative Securities

Risk Management, Speculation, and Derivative Securities

1st Edition - June 10, 2002

Write a review

  • Author: Geoffrey Poitras
  • eBook ISBN: 9780080480756

Purchase options

Purchase options
DRM-free (Mobi, PDF, EPub)
Sales tax will be calculated at check-out

Institutional Subscription

Free Global Shipping
No minimum order

Description

Its unified treatment of derivative security applications to both risk management and speculative trading separates this book from others. Presenting an integrated explanation of speculative trading and risk management from the practitioner's point of view, Risk Management, Speculation, and Derivative Securities is the only standard text on financial risk management that departs from the perspective of an agent whose main concerns are pricing and hedging derivatives. After offering a general framework for risk management and speculation using derivative securities, it explores specific applications to forward contracts and options. Not intended as a comprehensive introduction to derivative securities, Risk Management, Speculation, and Derivative Securities is the innovative, useful approach that addresses new developments in derivatives and risk management.

Key Features

*The only standard text on financial risk management that departs from the perspective of an agent whose main concerns are pricing and hedging derivatives
*Examines speculative trading and risk management from the practitioner's point of view
*Provides an innovative, useful approach that addresses new developments in derivatives and risk management

Readership

Professionals and graduate students working in the areas of finance, financial risk management, and financial engineering.

Table of Contents

  • Part I: Derivative Securities, Risk Management, and Speculation
    Derivative Securities
    Risk Management Concepts
    Speculative Trading Concepts
    Part II: Futures and Forward Contracts
    Arbitrage and the Basis
    The Mechanics of Spread Trading
    Risk Management: Hedging and Diversification
    Part III: Options Contracts
    Option Basics
    Option Valuation
    Application and Extension of Option Valuation Techniques
    Appendix I: Basic Mathematics and Statistical Concepts
    Appendix II: Money Market and Fixed Income Calculations
    Appendix III: Mathematics for Option Valuation
    References
    Index

Product details

  • No. of pages: 601
  • Language: English
  • Copyright: © Academic Press 2002
  • Published: June 10, 2002
  • Imprint: Academic Press
  • eBook ISBN: 9780080480756

About the Author

Geoffrey Poitras

Faculty of Business Administration, Simon Fraser University, Burnaby, British Columbia, Canada

Affiliations and Expertise

Simon Fraser University, Burnaby, British Columbia, Canada

Ratings and Reviews

Write a review

There are currently no reviews for "Risk Management, Speculation, and Derivative Securities"