Derivatives Demystified
1. The Market Background.
Derivatives building blocks.
Market participants.
Origins and development of derivatives.
The modern OTC derivatives market.
Exchange-traded futures and options.
Chapter summary.
2. Equity and Currency Forwards.
Introduction.
The forward price.
Components of the forward price.
Forward price and expected payout.
Foreign exchange forwards.
Managing currency risk.
...
1. The Market Background.
Derivatives building blocks.
Market participants.
Origins and development of derivatives.
The modern OTC derivatives market.
Exchange-traded futures and options.
Chapter summary.
2. Equity and Currency Forwards.
Introduction.
The forward price.
Components of the forward price.
Forward price and expected payout.
Foreign exchange forwards.
Managing currency risk.
...
