Derivatives : Theory and Practice

This fully revised and updated second edition of Financial Engineering: Derivatives & Risk Management provides a thorough grounding in all types of derivatives, starting from scratch in terms of basic knowledge, and then moving the emphasis to how derivatives are priced and then used in practice for speculation and hedging by traders, banks and other end-users such as pension funds, hedge funds and corporates. The text includes a full range of pedagogic features, including example Q&A, end of chapter questions and answers and a glossary of key terms, symbols and formulas. A companion website provides further resources for students and instructors, with Powerpoint slides, answers to end of chapter questions, additional multiple-choice questions, online chapters and notes on selected advanced material, as well as interactive Matlab and Excel files to reproduce tables and graphs from the text. Ideas for Ancillary Products Companion website hosting answers to end of chapter questions, additional multiple-choice questions, online chapters and notes on selected advanced material, Matlab and Excel files (interactive) to reproduce tables/graphs in the text, as well as separate resources for lecturers