内容

目次

1. Introduction. 2. Mechanics of Futures and Forward Markets. 3.Determination of Forward and Futures Prices. 4. Hedging Strategies UsingFutures. 5. Interest-Rate Markets. 6. Swaps. 7. Mechanics ofOptions Markets. 8. Properties of Stock Options. 9. TradingStrategies Involving Options. 10. Introduction to Binomial Trees. 11.Valuing Stock Options: The Black-Scholes Model. 12. Options on StockIndices and Currencies. 13. Futures Options. 14. Volatility Smiles.15. The Greek Letters. 16. Value at Risk. 17. Valuation Using BinomialTrees. 18. Interest Rate Options. 19. Exotic Options and OtherNon-Standard Products. 20. Credit, Weather, Energy, and InsuranceDerivatives. 21. Derivatives Mishaps and What We Can Learn from Them.Answers to Quiz Questions. Glossary of Terms. DerivaGem Software.Major Exchanges Trading Futures and Options. Table for N(x) when x !a0.Table for N(x) when x !o0. Index.