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Mak Risk Trading Derivatives: The Theoretical Minimum: Trading Vanilla, Exotic and Corporate Derivatives

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Description

The purpose of this book is to provide the theoretical minimum for trading derivatives in various asset and product classes from the perspective of a trader or risk manager. While a trader does not require the same level of technical knowledge as a quant, it is essential to understand model risk and behavior when pricing and risk managing derivatives. The same is true when applying hedging techniques, which are often not perfect and may themselves introduce additional risk. Derivatives are often non-linear financial instruments, which makes diligent risk management and scenario analysis even more important. Finally, given the stringent monitoring of capital requirements, the understanding of valuation adjustments, and their impact on the pricing and the derivatives lifecycle is a topic that is impossible to ignore.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
21 July 2019
Listed Since
22 July 2019

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