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Beschreibung
Build essential foundations around the derivatives market for your future career in finance with the definitive guide on the subject.Options, Futures, and Other Derivatives, Global Edition, 11th edition by John Hull, is the industry-leading, gold standard text for business and economics [...] for students studying Business, Economics, and Financial Engineering and Mathematics, this edition gives you a modern look at the derivatives market by incorporating the industry's hottest topics, such as securitisation and credit crisis, bridging the gap between theory and practice.Written with the knowledge of how Maths can be a key challenge for this course, the text adopts a simple language that makes learning approachable, providing a clear explanation of ideas throughout the [...] latest edition covers the most recent regulations and trends, including the Black-Scholes-Merton formulas, overnight indexed swaps, and the valuation of commodity [...] features include:Tables, charts, examples, and market data discussions, reflecting current market conditions.A delicate balance between theory and practice with the use of mathematics, adding numerical examples for added clarity.Useful practice-focused resources to help students overcome learning [...]-of-chapter problems reflecting contemporary key ideas to support your understanding of the topics based on the new reference rates.Whether you need an introductory guide to derivatives to support your existing knowledge in algebra and probability distributions, or useful study content to advance your understanding of stochastic processes, this must-have textbook will support your learning and understanding from theory to practice.
Build essential foundations around the derivatives market for your future career in finance with the definitive guide on the subject.Options, Futures, and Other Derivatives, Global Edition, 11th edition by John Hull, is the industry-leading, gold standard text for business and economics [...] for students studying Business, Economics, and Financial Engineering and Mathematics, this edition gives you a modern look at the derivatives market by incorporating the industry's hottest topics, such as securitisation and credit crisis, bridging the gap between theory and practice.Written with the knowledge of how Maths can be a key challenge for this course, the text adopts a simple language that makes learning approachable, providing a clear explanation of ideas throughout the [...] latest edition covers the most recent regulations and trends, including the Black-Scholes-Merton formulas, overnight indexed swaps, and the valuation of commodity [...] features include:Tables, charts, examples, and market data discussions, reflecting current market conditions.A delicate balance between theory and practice with the use of mathematics, adding numerical examples for added clarity.Useful practice-focused resources to help students overcome learning [...]-of-chapter problems reflecting contemporary key ideas to support your understanding of the topics based on the new reference rates.Whether you need an introductory guide to derivatives to support your existing knowledge in algebra and probability distributions, or useful study content to advance your understanding of stochastic processes, this must-have textbook will support your learning and understanding from theory to practice.
Über den Autor
John Hull is the Maple Financial Professor of Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto (UofT). In 2016, he was awarded the title of University Professor (an honour granted to only 2% of faculty at UofT). He has acted as a consultant to many financial institutions around the world and has won many teaching awards, including UofT's prestigious Northrop Frye [...] is an internationally recognised authority on Derivatives and Risk Management and has many publications in this area. His work has an applied focus, with his research and teaching activities including risk management, regulation and machine learning, as well as derivatives. He is co-director of Rotman's Master in Finance and Master in Financial Risk Management Programs.
Inhaltsverzeichnis
  1. 1. Introduction
  2. 2. Futures markets and central counterparties
  3. 3. Hedging strategies using futures
  4. 4. Interest rates
  5. 5. Determination of forward and futures prices
  6. 6. Interest rate futures
  7. 7. Swaps
  8. 8. Securitization and the financial crisis of 2007-8
  9. 9. XVAs
  10. 10. Mechanics of options markets
  11. 11. Properties of stock options
  12. 12. Trading strategies involving options
  13. 13. Binomial trees
  14. 14. Wiener processes and Itô's lemma
  15. 15. The BlackScholesMerton model
  16. 16. Employee stock options
  17. 17. Options on stock indices and currencies
  18. 18. Futures options and Black's model
  19. 19. The Greek letters
  20. 20. Volatility smiles and Volatility Surfaces
  21. 21. Basic numerical procedures
  22. 22. Value at risk and expected shortfall
  23. 23. Estimating volatilities and correlations
  24. 24. Credit risk
  25. 25. Credit derivatives
  26. 26. Exotic options
  27. 27. More on models and numerical procedures
  28. 28. Martingales and measures
  29. 29. Interest rate derivatives: The standard market models
  30. 30. Convexity, timing, and quanto adjustments
  31. 31. Equilibrium models of the short rate
  32. 32. No-arbitrage models of the short rate
  33. 33. Modeling Forward Rates
  34. 34. Swaps Revisited
  35. 35. Energy and commodity derivatives
  36. 36. Real options
  37. 37. Derivatives mishaps and what we can learn from them
Details
Erscheinungsjahr: 2022
Fachbereich: Betriebswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: 880 S.
ISBN-13: 9781292410654
ISBN-10: 1292410655
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Hull, John
Hull, John C.
Auflage: 11. Auflage
Hersteller: Pearson
Verantwortliche Person für die EU: Pearson Studium im Verlag Pearson Benelux B.V. Zweigniederla, Sankt-Martin-Str. 82, D-81541 München, buchhandel@pearson.com
Maße: 254 x 203 x 47 mm
Von/Mit: John Hull (u. a.)
Erscheinungsdatum: 23.03.2022
Gewicht: 1,847 kg
Artikel-ID: 120608923

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