The sixth edition of this top selling title on the subject and known as the "bible" in trading rooms throughout the world, trains you more in the field of derivatives.
Catering to postgraduate courses in business, economics and financial engineering, this text is greatly useful to practitioners involved in derivatives markets.
This new edition contains material on credit risk, credit derivatives, Basel II, the variance-gamma model, executive stock options, convexity adjustments and much more. All this is explained through 50 highlighted descriptions of real-world situation, new end-of-chapter problems. To enhance the understanding of the concepts special 'Technical Notes' elaborating the points made. The 1.51 Version of DerivaGem containing two Excel applications: the Options Calculator and the Applications Builder is also included giving it the value-added feature of having easy-to-use software.