衍生工具与风险管理

内容概要

　　钱斯，美国路易斯安那州立大学金融学教授，主要研究方向为金融衍生产品和风险管理。曾在美国东南部的一家大银行就职，曾任美国VirginiaaTech学院Pamplin商学院首任金融风险管理联合教授，拥有CFA资格。由于其实际从业经历和学术背景，cIlance教授无论在顶级学术刊物还是在职业期刊上均有大量论文发表，并在业界咨询、学术顾问等方面具有丰富经验。

书籍目录

Chapter1IntroductionDerivative Markets and InstrumentsOptionsForward ContractsFutures ContractsOptions on FuturesSwaps and Other DerivativesThe Underlying AssetSome Important Concepts in Financial and DerivativeMarketsRisk PreferenceShort SellingReturn and RiskMarket Efficiency and Theoretical Fair ValueFundamental Linkages between Spot and DerivativeMarketsArbitrage and the Law of One PriceThe Storage Mechanism: Spreading Consumption acrossTimeDelivery and SettlementThe Role of Derivative MarketsRisk ManagementPrice DiscoveryOperational Advantages "Market EfficiencyCriticisms of Derivative MarketsMisuses of DerivativesDerivatives and Your CareerSources of Information on DerivativesSummaryFurther ReadingQuestions and ProblemsPART IOptionsChapter 2The Structure of Options MarketsThe Development of Options MarketsCall OptionsPut OptionsThe Over-the-Counter Options MarketOrganized Options TradingListing RequirementsContract SizeExercise PricesExpiration DatesPosition and Exercise LimitsOptions Exchanges and Trading ActivityOption TradersThe Market MakerThe Floor BrokerThe Order Book OfficialOther Option Trading SystemsOff-Floor Option TradersThe Mechanics of TradingPlacing an Opening OrderThe Role of the ClearinghousePlacing an Offsetting OrderExercising an OptionOption Price QuotationsTypes of OptionsStock OptionsIndex OptionsCurrency OptionsOther Types of Traded OptionsReal OptionsTransaction Costs in Option TradingFloor Trading and Clearing FeesCommissionsBid-Ask SpreadOther Transaction CostsThe Regulation of Options MarketsSummaryFurther ReadingQuestions and ProblemsAppendix 2: Margin RequirementsChapter 3Principles of Option PricingBasic Notation and TerminologyPrinciples of Call Option PricingThe Minimum Value of a CallThe Maximum Value of a CallThe Value of a Call at ExpirationThe Effect of Time to ExpirationThe Effect of Exercise PriceThe Lower Bound of a European CallAmerican Call Versus European CallThe Early Exercise of American Calls onDividend-Paying StocksThe Effect of Interest RatesThe Effect of Stock VolatilityPrinciples of Put Option PricingThe Minimum Value of a PutThe Maximum Value of a PutThe Value of a Put at ExpirationThe Effect of Time to ExpirationThe Effect of Exercise PriceThe Lower Bound of a European PutAmerican Put Versus European PutThe Early Exercise of American PutsPut-Call ParityThe Effect of Interest RatesThe Effect of Stock VolatilitySummaryFurther Reading……Chapter　8Chapter　9Chapter　10PART IIChapter　11Chapter　12Chapter　13

作者简介

衍生工具与风险管理：英文版，ISBN：9787040161656，作者：美Don M.Chance原著；陈蓉改编

 衍生工具与风险管理下载