Financial Futures Primer

To Purchase this product, please visit

https://dev.store.wiley.com/en-ca/Financial+Futures+Primer-p-9781577180708

Financial Futures Primer

Rob Quail

Description

The Financial Futures Primer provides the reader with an introduction to the futures markets in general and financial futures in particular. All of the futures contracts explored in the text are approached by a common pricing framework-the proposition that rational prices preclude arbitrage profits.

To ensure that the mathematical demands placed upon the reader are minimal, there is an uncomplicated, applied explanation provided for each topic. As each concept or valuation technique is introduced, it is explained in detail, the relevant formula is presented, and a calculation example is presented.

The text also emphasises the use of financial futures in risk management. While the Financial Futures Primer features ample examples of speculative strategies that can be implemented with these instruments, the focus of the application examples is the management of pre-existing risk.

This brief, yet comprehensive, overview of the complex topics surrounding futures makes the Financial Futures Primer a valuable resource for professionals as well as an ideal supplement for advanced undergraduate courses in finance and economics and MBA level investments courses.

About the Author

ROBERT W. KOLB was John S. and James L. Knight Professor of Finance at the University of Miami until 1995. He is author or coauthor of finance texts on a range of topics including futures, options, financial derivatives, investments, corporate finance, and financial institutions. He was founder and president of Kolb Publishing Company, sold to Blackwell Publishers in 1995. His research has been published in Financial Management, the Journal of Finance, the Journal of Risk and Insurance, the Journal of Financial Economics, and the Journal of Futures Markets.

Features

* Brief, yet comprehensive introduction to complex topics surrounding futures.
* All Futures contracts approached by a common pricing framework--the proposition that rational process preclude arbitrage profits.
* Mathematical demands upon the reader are minimal--uncomplicated, yet applied explanation provided for each topic.
* Emphasis placed on use of financial futures in risk management. Application examples focus on management of pre-existing risk.
* Begins discussion of financial futures and analysis of pricing with a tangible good--gold--that behaves and is priced like a financial future, but has no complicating cash flows, before proceeding to an extended coverage of financial futures.

To Purchase this product, please visit

https://dev.store.wiley.com/en-ca/Financial+Futures+Primer-p-9781577180708