Derivatives and internal models

The successful first edition provided an introduction to the valuation and risk management of modern financial instruments, formulated in a precise mathematical expression and comprehensively covering all relevant topics using consistent and exact notation. In this new edition, Deutsch continues with this philosophy covering new ...

Risk transfer

derivatives in theory and practice

INDICE: PART ONE: The Economics of Risk Transfer. CHAPTER 1: The Determinants of Financial Innovation. CHAPTER 2: Risk, Uncertainty, and Profit. CHAPTER 3: Methods of Controlling Risk and Uncertainty. CHAPTER 4: Risk Transfer and Contracting Structures. CHAPTER 5: The Evolution of Derivatives Activity. CHAPTER 6 ...

Inflation-indexed securities

bonds, swaps and other derivatives

The global market for inflation-indexed securities has ballooned in recent years, and this trend is set to continue. This book examines the rationale behind issuance and investment decisions, and details the issues facing anyone who designs indexed securities, illustrating them wherever possible with actual examples ...

Invertir en Hedge Funds

análisis de su estructura,estrategias y eficiencia

Con una capitalización que excede los 600.000 millones de dólares y más de 4.000 entidades, la industria de los Hedge Funds no puede ser ignorada por más tiempo. Su papel en el sistema financiero internacional es cada vez más palpable y notorio, hasta ...

Interest rate models

an introduction

The field of financial mathematics has developed tremendously over the past thirty years, and the underlying models that have taken shape in interest rate markets and bond markets, being much richer in structure than equity-derivative models, are particularly fascinating and complex. This book introduces the ...

Credit derivatives

application, pricing and risk management

The market for credit derivatives--financial instruments designed to transfer credit risk from one party to another--has grown exponentially in recent years, with volume expected to reach more than $4.8 trillion by 2004. With demand increasing from the private sector for finance professionals trained in ...

C++ desing patterns and derivatives pricing

Design patterns are the cutting-edge paradigm for programming in object-oriented languages. Here they are discussed, for the first time in a book, in the context of implementing financial models in C++. Assuming only a basic knowledge of C++ and mathematical finance, the reader is taught ...

McMillan on options

ÍNDICE: 1. Option History, Definitions, and Terms. 2. An Overview of Option Strategies. 3. The Versatile Option. 4. The Predictive Power of Options. 5. Trading Systems and Strategies. 6. Trading Volatility and Other Theoretical Approaches. 7. Other Important Considerations. Appendix A: Listed Index and Sector ...

Quantum finance

Path integrals and Hamiltonians for options and interest rates

This book applies the mathematics and concepts of quantum mechanics and quantum field theory to the modelling of interest rates and the theory of options. Particular emphasis is placed on path integrals and Hamiltonians. Financial mathematics is dominated by stochastic calculus. The present book offers ...

Volatility and correlation

the perfect hedger and the fox

The new edition of Volatility and Correlation has been thoroughly updated and expanded with over 80% new or reworked material, reflecting the changes and developments that have taken place in the field. The new and updated material includes: empirical and theoretical analysis of the smile ...

An introduction to credit derivatives

In a relatively short time credit derivatives have grown to become one of the largest and most important segment of the financial markets, with deal volumes now in trillions of dollars. They have become an important tool for banks, financial institutions and corporates who desire ...

Levy processes in finance

pricing financial derivatives

Financial mathematics has recently enjoyed considerable interest on account of its impact on the finance industry. In parallel, the theory of Lévy processes has also seen many exciting developments. These powerful modelling tools allow the user to model more complex phenomena, and are commonly applied ...

Hedge fund of funds investing

an investor's guide

Hedge funds have rightly gained the attention of private and institutional investors in recent years, proving themselves as useful portfolio diversifiers and preservers of wealth while greatly dispelling their reputation as an "unsafe" investment. Yet investors attempting to navigate in the field of hedge funds ...

International funds

a practical guide to their establishment and operation

'International Funds' will provide readers with: A greater understanding of the benefits and limitations of funds to both retail and institutional investors An easy-to-read, yet technically comprehensive, insight into fund structures An overview of the variety of legal structures, regulatory categories and investment profiles available ...

Hedge funds

quantitative insights

An excellent book, providing deep insights into the complex quantitative analysis of hedge funds in the most lucid and intuitive manner. A must-have supplement to Lhabitant's first book dealing with the mystical and fascinating world of hedge funds. Highly recommended

The venture capital cycle

In The Venture Capital Cycle, Paul Gompers and Josh Lerner correct widespread misperceptions about the nature and role of the venture capitalist and provide an accessible and comprehensive overview of the venture capital industry. Bringing together fifteen years of ground- breaking research into the form ...

Hedges on hedges funds

how to successfully analyze and select an investment

ÍNDICE: CHAPTER 1: The Hedge Fund Alternative. CHAPTER 2: Cutting through the Black Box: Transparency and Disclosure. CHAPTER 3: The Operational Risk Crisis. CHAPTER 4: Best Practices in Hedge Fund Valuation. CHAPTER 5: Does Size Matter? CHAPTER 6: Directional Investing through Global Macros and Managed ...

Financial risk management for pension plans

This book is devoted to modern methodologies of financial risk management of pension plans, mostly defined benefit plans. The reader is expected to know basic probability theory and mathematical analysis, while all required concepts in financial and actuarial mathematics are developed in the text. The ...

Los planes y fondos de pensiones

un análisis financiero-actuarial

Es un libro altamente recomendable para aquellos empleados cualificados de entidades financieras, gestoras de fondos, compañias aseguradoras y cualquier profesional relacionado con la ciencia actuarial y con la gestion financiera de estos sistemas provados de prevision social.

A complete guide to technical trading tactics

how to profit using pivot points,candlesticks & other indicators

Praise for A complete guide to Technical Trading Tactics "John Person does an excellent job of explaining how to apply technical analysis to the futures markets. Since futures trading is short-term in nature, it demands precision timing tools. A lot of those tools can be ...