| Trading Derivatives: The Theoretical Minimum: Trading Vanilla, Exotic and Corporate Derivatives Contributor(s): Kastenholz, Mika (Author) |
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ISBN: 0578548658 ISBN-13: 9780578548654 Publisher: Mak Risk OUR PRICE: $51.23 Product Type: Paperback Published: July 2019 |
| Additional Information |
| BISAC Categories: - Business & Economics | Investments & Securities - Derivatives |
| Physical Information: 0.7" H x 8.5" W x 11" (1.71 lbs) 334 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The purpose of this book is to provide the theoretical minimum for trading derivatives in various asset and product classes from the perspective of a trader or risk manager. While a trader does not require the same level of technical knowledge as a quant, it is essential to understand model risk and behavior when pricing and risk managing derivatives. The same is true when applying hedging techniques, which are often not perfect and may themselves introduce additional risk. Derivatives are often non-linear financial instruments, which makes diligent risk management and scenario analysis even more important. Finally, given the stringent monitoring of capital requirements, the understanding of valuation adjustments, and their impact on the pricing and the derivatives lifecycle is a topic that is impossible to ignore. |