Fundamentals of Futures and Options Markets, Australian Edition, 1st edition

Published by Pearson (October 3, 2013) © 2014

  • John C. Hull University of Toronto
  • Sirimon Treepongkaruna
  • David Colwell
  • Richard Heaney
  • David Pitt
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Title overview

Australasian edition of Hull's bestselling Fundamentals of Futures and Options Markets

Important local content distinguishes the Australasian edition from the US edition, including the unique financial instruments commonly traded on the Australian securities and derivatives markets and their surrounding conventions.  In addition, the inclusion of Australasian and international business examples makes this text the most relevant and useful resource available to Finance students today.

Hull presents an accessible and student-friendly overview of the topic without the use of calculus and is ideal for those with a limited background in mathematics. Packed with numerical examples and accounts of real-life situations, this text effectively guides students through the material while helping them prepare for the working world.

For undergraduate and post-graduate courses in derivatives, options and futures, financial engineering, financial mathematics, and risk management.

Samples

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Table of contents

  • Ch 1. Introduction
  • Ch 2. Mechanics of futures markets
  • Ch 3. Hedging strategies using futures
  • Ch 4. Interest rates
  • Ch 5. Determination of forward and futures prices
  • Ch 6. Interest rate futures
  • Ch 7. Swaps
  • Ch 8. Securitization and the credit crisis of 2007
  • Ch 9. Mechanics of options markets
  • Ch 10. Properties of stock options
  • Ch 11. Trading strategies involving options
  • Ch 12. Introduction to binomial trees
  • Ch 13. Valuing stock options: The Black-Scholes-Merton model
  • Ch 14. Employee stock options
  • Ch 15. Options on stock indices and currencies
  • Ch 16. Futures options
  • Ch 17. The Greek letters
  • Ch 18. Binomial trees in practice
  • Ch 19. Volatility smiles
  • Ch 20. Value at risk
  • Ch21. Interest rate options
  • Ch 22. Exotic options and other non-standard products
  • Ch 23. Credit derivatives
  • Ch 24.  Weather, energy and insurance derivatives
  • Ch 25. Derivatives mishaps and what we can learn from them
  • Appendix

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