Image
December 7, 2011

Mastering Derivatives Markets 4th Ed Discount

On my Writing page is a mention of Mastering Derivatives Markets 4th Ed  a valuable book as it covers a wide range of OTC topics shown below. 

1. Background and development of the derivatives market

  • Market background
  • Introduction
  • Key features
  • Uses of derivatives
  • Range of derivatives
  • Increasing use of the Central Counterparty Model (CCP)
  • Risk and benchmarking
  • Market volumes
  • Users and uses of derivatives
  • Straight Through Processing (STP)

2. Market fundamentals

  • Introduction
  • How banks generate income
  • Three key assumptions
  • Role and use of LIBOR
  • Day counts
  • Financial maths
  • Calculating forward rates
  • Marking to market
  • Yield curves
  • Quiz

3. Risk — a Primer

  • Introduction
  • Financial risks: markets, credit, liquidity
  • Operational risk
  • More esoteric risks

4. Derviatives Fundamentals

  • Range of derivatives
  • What is a vanilla trade?
  • Settlement
  • Triggers
  • Liquidity and credit risk
  • Understanding the 'underlying'
  • Benchmarks
  • Fair value
  • Dealing with derivatives

5. Basic option concepts

  • Introduction
  • Option pricing
  • Option mechanics

6. Interest rate derivatives — single settlement instruments

  • Introduction
  • Single settlement interest rate derivatives
  • Financial futures contracts
  • Forward rate agreements (FRAs)
  • Interest rate options (IROs)
  • Quiz

7. Interest rate derivatives

  • Introduction
  • Interest rate caps and floors
  • Interest rate collars
  • Interest rate swaps
  • Quiz

8. Benchmarking in the OTC derivatives markets

Penny Davenport, Manging Director, ex-Markit Document Exchange and Gavan Nolan, Vice President, Credit Research, Markit Group

  • Financial benchmarking for derivatives
  • Liquidity benchmarking for derivatives
  • Operational risk measurements for derivatives
  • Conclusion

9. Currency derivatives

  • Introduction
  • Over the counter currency options
  • Currency options: reduced premium strategies
  • Simple exotic structures
  • Currency swaps
  • Exchange-traded instruments
  • Quiz

10. The impact of electronic trading on the FX Market

Ray McKenzie, Vice President, ICE

  • The early years
  • FX as part of a commodity portfolio
  • First electronic dealing platforms
  • Electronic market making
  • Phases I and II
  • Point and click vs algo traders
  • The impact of the credit crisis on banks' FX trading
  • Phase III

11. Credit derivatives

  • Introduction
  • What is credit risk?
  • Styles of trading
  • The first deals
  • Range of credit derivatives
  • Credit default swaps

12. Central clearing and the OTC market

Bill Hodgson, Owner, The OTC Space Ltd

  • The basics
  • Trade execution
  • Risks and mitigation
  • Getting trades into clearing
  • The business case and benefits
  • Predictions for market development
  • Terminology

13. Equity derivatives

  • Introduction
  • Background
  • Single stocks or equity indices?
  • Stock index futures
  • Stock index options
  • Single stock options
  • Equity index swaps

14. Commodity derivatives

  • Introduction
  • Exchange-traded energy derivatives
  • Exchange-traded futures contracts
  • Exchange-traded energy option contracts
  • OTC or ‘off-exchange’ energy derivatives
  • OTC option products
  • OTC oil swaps

15. Carbon derivatives and environmental products

Emilie Mazzacurati, Point Carbon, a Thomson Reuters company

  • What are carbon markets?
  • Volumes and value
  • Overview of regulation
  • Carbon instruments
  • What drives carbon prices?
  • Trading carbon: in practice
  • Conclusion

16. Regulation in the derivatives markets

Eric Salomons, Associate Director, Dubai Financial Services Authority (DFSA)

  • Why regulate the derivatives market?
  • Who regulates the derivatives market?
  • Regulatory models and objectives
  • Supervisory aims — equal access to markets
  • Market integrity
  • Market abuse and manipulation
  • The role of market surveillance
  • Efficient markets
  • Continuing regulatory challenges

Glossary Answers to Quizzes Index


Popular
Most Viewed

Image

Related Articles


June 30, 2022

SIMM Falls Short says PRA Letter to Banks




2 MIN



Risk Management


June 28, 2022

FMSB Statement of Good Practice on Trading Platform Disclosures




2 MIN



Regulation


June 20, 2022

Regulatory change and data fragmentation are key challenges for 85% of firms




2 MIN



Regulation