Title: An Introduction to Derivative Securities, Financial Markets, and Risk Management (Third Edition)
Publisher: World Scientific Publishing Company
Publication Date: 2024
Language: English
ISBN 10: 9811291640
ISBN 13: 9789811291647
Binding: Hardcover
Edition: 3rd Edition
Condition: New

About this title

Synopsis

The third edition updates the text in two significant ways. First, it updates the presentation to reflect changes that have occurred in financial markets since the publication of the 2nd edition. One such change is with respect to the over-the-counter interest rate derivatives markets and the abolishment of LIBOR as a reference rate. Second, it updates the theory to reflect new research related to asset price bubbles and the valuation of options. Asset price bubbles are a reality in financial markets and their impact on derivative pricing is essential to understand. This is the only introductory textbook that contains these insights on asset price bubbles and options

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