Draper Lennox (9 results)

Condition: New.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Interest rate options sit at the intersection of market convention, quantitative modeling, and live risk management, and small misunderstandings in any one of those areas can become costly on a rates desk. This book is written for swaption traders, structured rates professionals, junior quants, and risk managers who need a practical, desk-ready guide to how swaptions are actually priced, quoted, modeled, and hedged in modern markets.The book takes the reader from the foundations of curves, swaps, forward rates, annuity, and multi-curve valuation into the full practitioner toolkit for swaptions. It covers product definitions and market quoting, Black-76 and Bachelier pricing, the normal-versus-lognormal choice, volatility smiles and surfaces, SABR dynamics and calibration, and implementation-level greeks under different conventions. It then moves beyond theory into hedge construction, delta-gamma and vega management, P&L explain, cap/floor linkages, relative-value structures, and the market consequences of the LIBOR-to-SOFR transition.What distinguishes this treatment is its focus on the workflow of a real rates volatility desk rather than on isolated formulas. The presentation is structured to help readers connect model choices to tradable risks, surface behavior, hedge slippage, and market structure. A working familiarity with fixed income and derivatives is helpful, but the progression is designed to build the necessary framework in a clear, self-contained way. …

Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - In CLO investing, small structural details can drive large valuation differences, and intuition alone is rarely enough. This book is written for structured credit desk traders, CLO managers, analysts, and investors who need a clear, market-grounded explanation of how CLOs actually work-from collateral behavior and waterfall mechanics to tradable tranche pricing and capital stack relative value.It guides readers through the full analytical chain: market conventions, leveraged loan collateral, liability structures, interest and principal waterfalls, OC and IC trigger tests, and the cash diversion rules that reshape outcomes under stress. From there, it develops practitioner-style valuation frameworks for debt and equity tranches, including spread-based pricing, scenario design, sensitivity analysis, new-issue arbitrage, and the economics of refinancings, repricings, and resets. The result is a disciplined toolkit for turning documentation and trustee data into pricing, risk, and investment decisions.The book is especially suited to readers with a working knowledge of fixed income and credit who want a deeper, implementation-oriented treatment of CLOs. Its distinguishing strength is its focus on market mechanics and decision use: not just what a CLO is, but how to model it, compare it, hedge it, and manage it in live trading and portfolio contexts.…

Taschenbuch. Condition: Neu. Swaption Strategies | Vol Surfaces, SABR, and Options Hedging for Rates Desks | Lennox R. Draper | Taschenbuch | Englisch | 2026 | NobleTrex Press | EAN 9798896654643 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand.…

Taschenbuch. Condition: Neu. CLO Market Mechanics | Tranche Pricing and Relative Value for Structured Credit | Lennox R. Draper | Taschenbuch | Englisch | 2026 | NobleTrex Press | EAN 9798896654582 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand. …