Futures and options

著者

書誌事項

Futures and options

Franklin R. Edwards, Cindy W. Ma

(McGraw-Hill series in finance)(McGraw-Hill international editions, . Economics series)

McGraw-Hill, c1992

International ed

  • : pbk

タイトル別名

Futures & options

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注記

Cover title: Futures & options

Includes bibliographical references (p. 622-626) and index

内容説明・目次

内容説明

This text is designed for students or practitioners who want to learn how futures and options markets operate. It covers complex and difficult subjects, such as hedging, in a systematic way. It is designed for use at the undergraduate and graduate level where courses in futures, futures and options, speculative markets or advanced risk management are offered. The text gives a step-by-step analysis of each topic, starting from the very simple and building to more sophisticated levels. It uses real data, data analysis, and graphical analysis extensively. It also provides general hedging concepts and applies them to many different futures contracts and situations.

目次

  • An introduction to futures markets
  • mechanics of buying and selling futures
  • the clearing house - future prices, hedging fundamentals
  • devising a hedging strategy
  • social benefits of futures markets and the role of speculation
  • the economic and historical rationales for regulating futures markets
  • regulation of futures markets
  • stock index futures
  • the 1987 stock market crash and the controversy over stock index futures
  • short-term interest rate futures
  • long-term interest rate futures
  • foreign currency futures
  • commodity futures
  • trading methods and strategies
  • speculators - who are they and who wins and loses?
  • option fundamentals
  • option pricing
  • speculating and hedging with options.

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