EVERYTHING YOU NEED TO KNOW ABOUT DERIVATIVES All About Derivatives, Second Edition, presents the complex subject of financial derivatives with a clarity and coherence you won’t find in other books. Using real-world examples and simple language, it lucidly illustrates what derivatives are and why they are so powerful. This second edition of All About Derivatives provides a rock-solid foundation on: The most common contracts available to you in today's market Key concepts such as cost of carry, settlement, valuation, and payoff Proven methods for establishing fair value How leverage can work for you--and against you The various derivative contracts traded today, including forwards, futures, swaps, and options Pricing methods and mathematics for determining fair value Hedging strategies for managing and reducing different types of risk INCLUDES A BRAND-NEW CHAPTER ON THE ROLE DERIVATIVES PLAYED IN THE 2008 FINANCIAL MELTDOWN

你需要知道的关于衍生工具的一切关于衍生工具，第二版，以你在其他书中找不到的清晰和连贯性呈现了金融衍生工具的复杂主题。使用真实世界的例子和简单的语言，它清楚地说明了什么是导数以及为什么它们如此强大。第二版有关衍生品提供了一个坚实的基础：在当今市场上最常见的合约，例如：携带成本、结算、估值和支付证明的方法，用于建立公允价值如何为你工作——以及对你今天交易的各种衍生品合约，包括远期、期货、掉期和期权定价方法以及确定公允价值套期保值策略以管理和减少不同类型风险的数学，其中包括关于衍生品在2008年金融危机中所起作用的全新章节