Author : Parameswaran
Release : 2005-02
Genre :
Kind : eBook
Book Rating : 123/5 ( reviews)
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Book Synopsis Futures Markets: Theory And Practice by : Parameswaran
Download or read book Futures Markets: Theory And Practice written by Parameswaran. This book was released on 2005-02. Available in PDF, EPUB and Kindle. Book excerpt: Future Markets: Theory and Practice is the first of the two books written by the on Futures, Options and Swaps, and covers forward and futures contracts. The second book would cover options and swaps.It begins with an introduction to derivative markets, comparing and contrasting forward contracts, futures contracts and options contracts. Chapter 2 looks at the salient features of the operation of futures markets, and the design of futures contracts. Chapter 3 covers the pricing of forward and futures contracts in detail, while Chapter 4 is devoted exclusively to hedging and risk management. Chapter 5 to 8 cover various asset markets. Chapter 5 details short-term interest rate contracts, Chapter 6 explains long-term interest rate contracts, while Chapter 7 and 8 covers foreign exchange and stock index futures contracts respectively. In each of these chapters, the mechanics of the underlying spot markets and the prevailing conventions have been covered in detail, and the related mathematical expressions derived from first principles.