XVA

List of Tables xvii

List of Figures xxi

Acknowledgements xxv

CHAPTER 1 Introduction: The Valuation of Derivative Portfolios 1

1.1 What this book is about 1

1.2 Prices and Values 4

1.2.1 Before the Fall... 4

1.2.2 The Post-Crisis World... 5

1.3 Trade Economics in Derivative Pricing 6

1.3.1 The Components of a Price 6

1....