Product Overview
Book Pricing
$95
This preeminent text and reference book continues to be a "must read" for new participants in the futures industry, market regulators and other stakeholders who need to build market knowledge and learn the important aspects of the industry. It serves as a valuable educational resource for the aspiring professional — whether from the buy or sell-side — and as a basic component in any personal finance library.
What's Inside?
Futures and Options is developed by market practitioners and illustrates both theory and real-world application. The 198-page book will enable the reader to achieve a solid understanding of derivatives products and the markets on which they trade. It covers all the relevant aspects of futures, options on futures and swaps, and the underlying cash markets for both physical commodities and financial instruments. Unique features include:
- a comprehensive treatment of the major types of futures and options orders.
- coverage of swaps products and application.
- a thorough analysis of the principles and practices of futures clearing and margining.
- an in-depth treatment of hedging, speculation, spreading and calculations.
- an integrated treatment of futures and options on futures including (premiums, price limits, settlements, delivery, exercise, and assignment).
- coverage of commodity and financial futures, options and swaps (i.e., energy, metal, agricultural, foreign exchange, interest rates, indexes, etc.).
- an extensive glossary of industry terminology.
- more than 190 questions and explanatory answers that let you test your understanding and retention of the concepts and content.
