FINANCIAL DERIVATIVES : THEORY, CONCEPTS AND PROBLEMS-------PHI
In today's competitive world, Financial Derivatives occupy a significant and integral part of the global capital markets. This uptodate and contemporary text gives an indepth analysis of the underlying concepts of Financial Derivatives and deals with the technical aspects of all the important financial derivatives. It also dwells on the financial markets where these derivatives are traded. The book seeks to capture the essence of the modern developments in financial derivatives and provides a wide coverage of the intricate and complex world of financial derivatives.
Organized into five sections, the text balances rigour with clarity of explanations and practical treatment of the subject. Each chapter begins with a brief theoretical description followed by relevant examples. Diagrams, charts and tables have been incorporated at the appropriate places to illustrate the concepts discussed.
• Carefully selected numerical examples to assist the students in acquiring practical knowledge of the subject
• Separate chapters on Indian financial derivatives markets and their regulation
• Review questions, Summary and Problems at the end of every chapter
• Solutions of unsolved problems (chapterwise) at the end of the book
• A comprehensive Glossary
• Primarily intended for the students of Finance, Commerce and
Management, this comprehensive and student-friendly text will also be
useful to Derivative practitioners (Equity researchers, portfolio
managers, financial executives and members of stock exchanges),
chartered financial analysts, chartered accountants, investors and
policy makers.
Contents:
Preface.
Acknowledgments.
Abbreviations used in this book.
Section-I Financial Derivatives-The Background:
1. Financial Derivatives-An Introduction.
2. Futures Markets and Contracting.
3. Forward Market-Pricing and Trading Mechanism.
4. Futures Pricing-Theories and Characteristics.
Section-II Financial Derivatives-Indian Scenario:
5. Financial Derivatives Markets in India.
6. Regulation of Financial Derivatives in India.
Section-III Specific Financial Futures and Forwards:
7. Hedging Strategy using Futures.
8. Stock Index Futures.
9. Short-Term Interest Rate Futures.
10. Long-Term Interest Rate Futures.
11. Foreign Currency Futures.
12. Foreign Currency Forwards.
Section-IV Financial Swaps and Options:
13. Swaps Markets.
14. Options-The Basics.
15. Option Pricing Models.
16. Trading with Options.
17. Hedging with Options.
18. Currency Options.
Section-V Financial Derivatives-Miscellaneous Issues:
19. Accounting and Tax Treatment of Derivative Transactions.
20. Management of Derivatives Exposure.
21. Advanced Financial Derivatives.
22. Credit Derivatives.
Answers to Unsolved Problems.
Appendices.
Glossary.
Bibliography.
Index.
