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Fundamentals of Futures and Options Markets, 9th edition

  • John C. Hull

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Overview

Fundamentals of Futures and Options Markets is your resource for a sound and easy-to-grasp introduction to financial mathematics. Author John Hull breaks down complex subject matter to provide the knowledge you'll need to understand and apply financial mathematics to business, economics and other related pursuits.

The 9th Edition includes up-to-date information to help you stay abreast of industry developments. Expanded coverage of new regulations concerning the clearing and trading of OTC derivatives appears throughout the text. Chapter 7 on swaps has been majorly reworked to improve presentation of the material and reflect the derivatives market's move to OIS discounting. And discussion of the impact of daily settlement when futures contracts are used for hedging has been expanded.

Published by Pearson (August 1st 2021) - Copyright © 2017

ISBN-13: 9780137504763

Subject: Finance

Category: Investments

Table of contents

Brief Contents

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

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