



Price: £25.00 (Printed Text)
£15 (eBook-
15% print allowance)
ISBN: 9780751753967 (Printed Text)
9780751797183
(eBook)
Description: The aim of this book is to
provide a user-friendly introduction to the general nature,
characteristics and uses of derivatives.
We begin by introducing the nature and characteristics of
various types of derivatives that you may be familiar with before
moving on to examine some aspects of financial mathematics that are
relevant to pricing of the various instruments described in later
sections of the book, such as swaps and OTC products. We also
introduce futures and options strategies and the various risk
measures associated with derivatives.
Although some details such as clearing and settlement systems
and regulations vary from country to country, characteristics and
uses are common irrespective of the geographical location or
currency in which the trade is being conducted.