Introduction to derivative financial instruments: Options, futures, forwards & hedging

Written by a renowned corporate financial advisor, this timely guide offers a comprehensive treatment of derivative financial instruments, fully covering bonds, interest swaps, options, futures, Forex, and more. The author explains the strategic use of derivatives, their place in portfolio management, hedging, and the importance of managing risk.

Accounting for Financial Innovation. Derivatives. Strategic Use of Derivatives. Hedging. Risk Assumed with Derivatives. Liquidity, Solvency, Regulation, and the Accounting Profession. Types of Options. Pricing of Options. Option Traders, buyers and writers. The Greeks: Delta, Gamma, Theta, Kappa, and Rho. Credit Risk and Market Risk with Options. Futures and Forwards. Swaps. Interest Rate Management through Derivatives.