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Bouzoubaa, Mohamed

Exotic Options and Hybrids: A Guide to Structuring, Pricing and Trading

Bouzoubaa, Mohamed - Exotic Options and Hybrids: A Guide to Structuring, Pricing and Trading, ebook

70,40€

Ebook, ePUB with Adobe DRM
ISBN: 9780470710081
DRM Restrictions

Printing118 pages with an additional page accrued every 7 hours, capped at 118 pages
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Toxic waste . . . it is a sad day when derivatives are described as toxic waste. Are these financial products really so, particularly those of exotic nature, or is it in fact people's grasp and usage of them that is the source of toxicity? While the use of derivatives increased in recent years at astounding rates, the crash of 2008 has revealed that people's understanding of them has not rivalled their spread.

Exotic Options and Hybrids is the first book to guide practitioners on how to structure, price and trade modern exotic and hybrid derivatives, without complicating matters with the use of maths. Starting from the unique practical setting of being in a derivatives operation, the book focuses on the three main parts of a derivative's life: the structuring of a product, its pricing and its hedging.  He book will take readers through all the applications, strengths and limitations of various models, focussing on the products and their risks rather than the model implementations. Readers can thus understand how models work when applied to pricing and hedging.  The book covers a multitude of structures and encompasses many of the most up-to-date and promising products, including hybrid derivatives and dynamic strategies. Each structure is analysed with a utility based approach to its structuring, and an insightful risk based approach to its pricing and hedging. As well as providing comprehensive coverage of exotic options, this book will also dedicate a number of chapters to hybrid derivatives, looking at their nature and at the construction of hybrid products.

By discussing exotic options and hybrids in a practical, non-mathematical and highly intuitive setting, this book will blast the misunderstandings and the stigma, and stand strong as the only book in its class to make these "exotic" concepts truly accessible.

Author(s)
 
Publisher
John Wiley and Sons, Inc.
Publication year
2009
Language
en
Edition
1
Series
The Wiley Finance Series
Page amount
392 pages
Category
Economy
Format
Ebook
eISBN (ePUB)
9780470710081
Printed ISBN
9780470688038

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