The Greeks and Hedging Explained

Peter Leoni

5 ratings by Goodreads

Language: English

Published by Palgrave Macmillan UK Mai 2014, 2014

1137350733 / 9781137350732

Series: Book 2 of 9 - Financial Engineering Explained

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Neuware - Most books on financial derivatives focus on either the investment side of the business or on the mathematical models to price them. However, there is a huge gap between how quantitative researchers and analysts, and traders, structurers, and risk managers look at derivatives problems, and in how they respond.This book fills a gap for a technical but not impenetrable guide to hedging options, and the 'Greek' (Theta, Vega, Rho, and Lambda) - parameters that represent the sensitivity of derivatives prices. Taking the viewpoint of the front office practitioner, the book introduces the various option hedging strategies and the mathematics behind them in a concise but thorough manner. The book begins at an elementary level, with an introduction to the Black-Scholes formula (upon which most quantitative finance is built) from a practitioner perspective. The Greeks and Hedging Explained then develops the many themes that are omitted from many textbooks but which actually make up most of what happens in practice including the effect of day conventions, interest rates, and sticky deltas. The book features numerous illustrations, worked examples, and, where appropriate, highlights market conventions over academic assumption. The Greeks and Hedging Explained is a welcome addition to the Financial Engineering Explained series and serves as a foundation text for some of the more complex titles in the series.…

Seller Inventory # 9781137350732

Title
The Greeks and Hedging Explained
Author
Peter Leoni
Publisher
Palgrave Macmillan UK Mai 2014
Publication year
2014
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1137350733
ISBN 13
9781137350732
Item weight
253 grams
Dimensions
232x159x18 mm
Series
Book 2 of 9: Financial Engineering Explained

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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