Credit treasury

a credit pricing guide in liquid and non-liquid markets

The recent financial crisis found its roots within the credit market and quickly broadened to all other asset classes. It rapidly became a crisis of the real economy and has caused a deep recession. We have learnt that healthy credit markets play a fundamental role ...

Dark pools

the structure and future of off-exchange trading and liquidity

Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. A growing amount of institutional trading occurs away from exchanges and expansion in this little understood sector of the market is set to continue ...

Strategy, value and risk

the real options approach

The surge of innovation in information technology at the end of the twentieth century reduced the cost of communications, which facilitated the globalization of the production and capital markets. Globalization has in turn spurred competition and consequently innovation. Sustainable competitive advantage is an increasingly difficult ...

Derivatives and internal models

Now in its fourth edition, this classic book provides a comprehensive and thorough introduction to derivative pricing, risk management and portfolio optimization, covering all relevant topics with enough hands- on, depth of detail to enable readers to develop their own pricing and risk tools. The ...

Risk and financial catastrophe

Risk and Financial Catastrophe presents an in-depth discussion of the nature and consequences of financial disasters and the pragmatic solutions that must be considered in order to cope with such crises in the future. This highly topical book tackles technical issues in a readable, non-mathematical ...

Corporate treasury and cash management

The book is an analysis of corporate treasury and cash management with the principal financial instruments used by the corporate treasurer. The objectives of the book are to describe how corporate treasury departments should establish a framework for the identity, measurement and management of risk ...