An introduction to derivative securities, financial markets, and risk management

Alpha/2476/ Rs.1295/-

Part 1: Introduction
1 Derivatives and Risk Management
2 Interest Rates
3 Stocks
4 Forwards and Futures
5 Options
6 Arbitrage and Trading
7 Financial Engineering and Swaps
Part 2: Forwards and Futures
8 Forwards and Futures Markets
9 Futures Trading
10 Futures Regulations
11 The Cost-of-Carry Model
12 The Extended Cost-of-Carry Model
13 Futures Hedging
Part3: Options
14 Options Markets and Trading
15 Option Trading Strategies
16 Option Relations
17 Single-Period Binomial Model
18 Multiperiod Binomial Model
19 The Black–Scholes–Merton Model 
20 Using the Black–Scholes–Merton Model
PART 4 Interest Rate Derivatives
21 Yields and Forward Rates
22 Interest Rate Swaps
23 Single-Period Binomial Heath–Jarrow–Morton Model
24 Multiperiod Binomial HJM Model
25 The Heath–Jarrow–Morton Libor Model
26 Risk Management Models
Appendix A: Mathematics and Statistics
Appendix B Spreadsheet Software.

The first real introductory text in derivatives.
“In today’s complex world, modern financial institutions cannot succeed without the use of derivatives for managing the varied risks of their assets and liabilities.This book was written to be the first book read on derivatives, and not the last. Our aim has been to design a book that is closely connected to real markets, examines the uses of derivatives but warns against their abuses, and presents only the necessary quantitative material in an ’easily digestible form’ (and no more!).”
We do not know why futures markets did not independently develop in South Asia. Futures traded in British India, but the markets were small. As derivative trades are fundamental economic transactions, other derivatives markets certainly existed.They got traded in informal, over-the-counter markets. We find several “patterns” in the growth of derivatives markets and regulations in the lndian subcontinent when compared with those in other parts of the world.