Mastering Derivatives Markets: A Step-by-Step Guide to the Products, Applications and Risks (4th Edition) (The Mastering Series) - Softcover

Taylor, Francesca

Softcover

ISBN 10: 0273735675 ISBN 13: 9780273735670

Publisher: Pearson, 2010

Synopsis

"The first port of call for anyone looking to truly understand derivatives markets, appreciate the role they play within the global financial system and develop the technical knowledge to trade."
Matthew Thompson, Chief Strategy & Business Development Officer, Dubai Mercantile Exchange

"An essential read for anyone serious about understanding the impact of derivatives and technology on the global financial market."
Kevin Thorogood, Global Head, Investment Banking/Energy Trading, Thunderhead Ltd

"We have used Francesca for training on derivatives in the past. She demonstrates a passion for these markets and for learning. In a fast changing world, the combination of technical learning and practical experience that Francesca applies is helpful in keeping abreast of market developments."
Rachael Hoey, Director, Business Development, CLS

YOUR ESSENTIAL COMPANION TO THE DERIVATIVES MARKETS

Mastering Derivatives Markets provides full up-to-the-minute explanations — with worked examples and screen shots — covering the basics of options, swaps and futures across the key asset classes: rates, currency, equity, commodity and credit.

This book is relevant to anyone working within the financial markets, from the new entrant to the seasoned trader looking for updates, and to non-trading personnel working in IT, legal, compliance, risk, credit and operations.

Please note that the 'look inside' feature is currently displaying the content of Mastering Derivatives Markets Third Edition, this will be updated soon.

Mastering Derivatives Markets Fourth Edition has been completely revised and features new chapters on:

• The most up to date thinking in the market
• OTC clearing
• Regulation
• Benchmarking
• Electronic futures trading in the FX market
• New insights into the commodities markets
• Carbon trading and environmental products

About this title

Review

"An invaluable and straightforward guide, full of practical applications."  David Ford, Training & Development, International Petroleum Exchange

 

"Another valuable step on the road to improving competence and confidence in the world of financial derivatives."  Paul Dex, International Sales Manager, LIFFE  "A vital book for every new entrant into the market."  Christopher Bellew, Director, Prudential-Bache International Ltd

 

"Contains just about everything you might ever want to know concerning the derivatives markets... a well written book about a difficult subject."  The Trader’s Magazine  

"We run a number of courses on financial products and this book serves as excellent pre-course reading as well as an everyday reference handbook."  Maricar Obieta, Vice President, GCIB, Citibank, NA

 

"As professional market-makers we have found this an invaluable, easy-to-read book. We always have a copy to hand for quick reference." Andrew Holdstock, Director of Foreign Exchange, IG Group Plc

From the Publisher

Financial Times Prentice Hall
MASTERING DERIVATIVES MARKETS

A step-by-step guide to the products, applications and risks

Mastering Derivatives Markets will bring the derivatives markets to life and includes:

- the background and development of the derivatives market - the principle instruments and their application - unique guidance on compliance from one of the most respected experts in the market - live electronic pages from Bridge Information Systems, dealing with information as you actually encounter it - fully international examples from LIFFE, The International Petroleum Exchange, London Stock Exchange, Chicago Mercantile Exchange and the New York Mercantile Exchange - a terminology section and a glossary of terms to assist with any derivatives jargo

The Author

Francesca Taylor is the principal of Taylor Associates, one of the City’s leading financial training companies, specialising in derivatives, capital markets, risk and treasury training. She has personally trained in major UK and international corporations, American, European and UK banks and ‘derivatives houses’. Francesca’s career began with BICC plc where she learned her basic treasury, FX and Money Market skills – from the client’s perspective. She then joined Midland Bank and became team leader in the Financial Engineering Group, concentrating on marketing, selling and trouble shooting the whole range of derivatives products to a client list including central banks, major and minor commercial banks, corporates and supranationals. She spent 12 months with Midland Futures, broking financial futures to a range of major financial institutions. In addition, it was Francesca’s responsibility to educate and train Midland’s client base in the uses and applications of a growing number of derivative products. Francesca then became a treasury consultant advising her clients on all aspects of currency and interest rate risk management. Notable clients included major utilities, banks and engineering companies. Following this, she spent time as an inter-bank swap broker with Sterling Brokers. During her career Francesca has followed each of the 4 major areas within banking and finance. She has been a corporate, a banker, a broker and a consultant, leading her to be ideally placed to offer independent training and product education to clients. Her company, Taylor Associates, has been highly successful and now offers a wide range of treasury, risk, general finance and complementary soft-skills courses to banks and non-banks alike. Francesca is a designated speaker for the ACI/FOREX Association, specialising in options, and has spoken at major conferences in the UK, Hong Kong, Singapore, Malaysia and Australia.

From the back cover

"An invaluable and straightforward guide, full of practical applications." – David Ford, Training & Development, International Petroleum Exchange

"Another valuable step on the road to improving competence and confidence in the world of financial derivatives." – Paul Dex, International Sales Manager, LIFFE

"A vital book for every new entrant into the market." – Christopher Bellew, Director, Prudential-Bache International Ltd

"Contains just about everything you might ever want to know concerning the derivatives markets... a well written book about a difficult subject." – The Trader’s Magazine

"We run a number of courses on financial products and this book serves as excellent pre-course reading as well as an everyday reference handbook." – Maricar Obieta, Vice President, GCIB, Citibank, NA

"As professional market-makers we have found this an invaluable, easy-to-read book. We always have a copy to hand for quick reference." – Andrew Holdstock, Director of Foreign Exchange, IG Group Plc

Mastering Derivatives Markets provides practical advice, focusing on instruments, trading techniques, key players and market conditions. It covers every instrument and every market, addressing current practice and future issues, enabling the reader to use derivatives with confidence. It is written for both the new entrant into the markets and for the seasoned professional who requires a refresher on the fundamentals of derivatives, as well as for students on finance courses.

This new edition of Mastering Derivatives Markets has been updated with:

- a new chapter on credit derivatives, now the everyday work-horse of the risk manager

- an introductory guide to the principles of accounting for derivatives

- a completely revised chapter by one of the leading market specialists on the compliance function`

- a new chapter on risk and risk management

- an updated and expanded glossary of terms

Mastering Derivatives Markets concentrates on the fundamentals and allows you to take considered decisions regarding the selection and use of derivatives. It is written by a market professional for the professional market; definitive practical advice direct from the cutting edge.

About this edition

• Publisher: Pearson
• Publication date: 2010
• ISBN 10: 0273735675
• ISBN 13: 9780273735670
• Binding: Paperback
• Edition number: 4
• Number of pages: 427