An introduction to derivatives and risk management

Table of Contents CHAPTER 1 Introduction CHAPTER 2 Structure of Derivatives Markets PART I Options CHAPTER 3 Principles of Option Pricing CHAPTER 4 Option Pricing Models: The Binomial Model CHAPTER 5 Option Pricing Models: The Black-Scholes-Merton Model CHAPTER 6 Basic Option Strategies CHAPTER 7 Advanced Option Strategies PART II Forwards, Futures, and Swaps CHAPTER 8 Principles of Pricing Forwards, Futures, and Options on Futures CHAPTER 9 Futures Arbitrage Strategies CHAPTER 10 Forward and Futures Hedging, Spread, and Target Strategies CHAPTER 11 Swaps PART III Advanced Topics CHAPTER 12 Interest Rate Forwards and Options CHAPTER 13 Advanced Derivatives and Strategies CHAPTER 14 Financial Risk Management Techniques and Applications CHAPTER 15 Managing Risk in an Organization Appendix A Solutions to Concept Checks Appendix B References Appendix C List of Symbols Appendix D List of Important Formulas Glossary Index

An Introduction to Derivatives and Risk Management is an ideal textbook to establish the foundation of financial derivatives and their uses in managing the risk. A perfect blend of theory and practice, this book aims to help readers navigate through the complex and ever-changing world of derivatives and risk management in an easy-to-follow style. A variety of real-time risk management practices, boxed inserts, end-of-chapter practical applications, and minimal use of technical mathematics make the text accessible and engaging. Detailed discussions about the derivatives markets and risk management practices in India, along with suitable examples, have also been incorporated. Besides postgraduate students specializing in finance, this book with its application-oriented approach would also be useful for scholars, researchers and practitioners.