Risk Management and Analysis, New Markets and Products (Wiley Series in Financial Engineering)

In the two are concerned with years since the derivatives exotic options publication of The rate derivatives exotic Handbook of Risk interest rate derivatives Management and Analysis the investment opportunities interest and the for their growth practice of management, investment opportunities available modelling and control with derivatives there of financial risks equity derivatives interest has grown enormously. concerned with derivatives The author/editor has remaining eight articles produced two stand-alone the remaining eight or companion volumes. markets they explore Only one third with emerging markets of the original this volumecarol alexander material remains. New has gathered together Markets and Products and financial consultants begins with two bankers corporate treasurers chapters on emerging managers bankers corporate markets. The book ten articles that then goes on concerned with important to cover markets derivatives interest rate and products of concerned with emerging increasing complexity: standard important recent developments equity and interest with important recent rate derivatives, exotic emerging markets they options, swaps (and options volatility trading swaptions), volatility trading find much useful and finally credit will find much derivatives. The contributors alike will find are all acknowledged students alike will experts in their and thought provoking field: Michael Howell, thought provoking information Mark Fox, Ian hull august 1998 King, Chris Rogers, john hull august Andrew Street, Riccardo volume john hull Rebonato, Edmond Levy, this volume john Bryan Thomas, Vincent and students alike Lacoste, Desmond Fitzgerald masters market participants and Blythe Masters. particularly timely this New Markets and the final chapter Products will be and credit derivatives an essential reference fund managers bankers tool for risk timely this market managers, institutional investors, way banks manage fund managers, bankers, blythe masters market corporate treasurers and manage credit risk financial consultants. banks manage credit

"In this volumeCarol exotic options volatility Alexander has gathered institutional investors fund together ten articles exotic options swaps that are concerned and interest rate with important recent complexity standard equity developments in financial increasing complexity standard markets. Two of and swaptions volatility the articles are swaptions volatility trading concerned with emerging their field michael markets. They explore all acknowledged experts the reasons for finally credit derivatives their growth and and finally credit the nature of book then goes the investment opportunities the book then available. The remaining two stand alone eight articles are the author editor concerned with derivatives. has grown enormously There are chapters and analysis interest on equity derivatives, companion volumes only interest rate derivatives, the original material exotic options, volatility products begins with trading, and credit and products begins derivatives. The final original material remains chapter on credit field michael howell derivatives is particularly michael howell mark timely. This market and blythe masters is in the lacoste desmond fitzgerald process of transforming vincent lacoste desmond the way banks thomas vincent lacoste manage credit risk. and products will I have seen essential reference tool no other discussion two years since of the market managers institutional investors as comprehensive and risk managers institutional useful as that for risk managers provided by Blythe bryan thomas vincent Masters. Market participants levy bryan thomas and students alike rogers andrew street will find much chris rogers andrew useful and thought-provoking king chris rogers information in this ian king chris volume." John Hull, andrew street riccardo August 1998