The CME group risk management handbook : products and applications
著者
書誌事項
The CME group risk management handbook : products and applications
(Wiley finance series)
Wiley, c2010
- : cloth
大学図書館所蔵 全4件
  青森
  岩手
  宮城
  秋田
  山形
  福島
  茨城
  栃木
  群馬
  埼玉
  千葉
  東京
  神奈川
  新潟
  富山
  石川
  福井
  山梨
  長野
  岐阜
  静岡
  愛知
  三重
  滋賀
  京都
  大阪
  兵庫
  奈良
  和歌山
  鳥取
  島根
  岡山
  広島
  山口
  徳島
  香川
  愛媛
  高知
  福岡
  佐賀
  長崎
  熊本
  大分
  宮崎
  鹿児島
  沖縄
  韓国
  中国
  タイ
  イギリス
  ドイツ
  スイス
  フランス
  ベルギー
  オランダ
  スウェーデン
  ノルウェー
  アメリカ
注記
Includes index
内容説明・目次
内容説明
Praise for The CME Group Risk Management Handbook "Wow! The CME Group Risk Management Handbook is a 'ten strike' and long overdue. A must-read and reference for the risk management industry!"
-Jack Sandner, retired chairman of CME Group, member of the Executive Committee
"This is a powerful book for its integration of futures and options markets with an understanding of the whole economy. It is an eye-opener to see how central these markets are to our economic lives."
-Robert J. Shiller, Okun Professor of Economics, Yale University; Chief Economist, MacroMarkets LLC
"Risk management is essential to successful investing, and The CME Group Risk Management Handbook provides the essentials for understanding risk management. In the wake of the financial turmoil of the last few years, managing risk should be part of any investment program. Among the key elements of risk management are stock index, bond, currency, and commodity futures as well as a growing number of futures, options, swaps, and other financial instruments built on indices tracking housing prices, weather conditions, and the economy. The CME Group Risk Management Handbook offers a comprehensive guide for using all of these to better manage financial risks."
-David M. Blitzer, PhD, Managing Director and Chairman of the Index Committee, S&P Indices
"Dare we ignore the advice of a financial institution, the largest of its kind in the world, that navigated the recent financial crisis without the aid of a single TARP dollar or access to the Fed's cheap loans? For CME Group, risk management has meant risk minimization as it enters its 151st year of life and its 85th year of central counterparty clearing without a single trading debt unpaid. It has been, and continues to be, a leader by example."
-Philip McBride Johnson, former CFTC chairman
"For the first time, a comprehensive handbook outlining the futures market in today's world is available. The CME Group Risk Management Handbook covers futures basics for the novice trader, while the veterans will benefit from an in-depth look at options and hedging. This handbook is a necessity for any professional, investor, or other market participant seeking to manage risk in the perpetually changing futures market."
-H. Jack Bouroudjian, CEO, Index Futures Group
目次
Foreword by Leo Melamed. Prologue by Terry Duffy.
Acknowledgments.
Introduction by Craig S. Donohue.
Chapter 1 Futures Market Fundamentals.
What Is a Futures Contract?
Overview of Popular Financial Futures Contracts.
Anatomy of a Futures Transaction.
Conclusion.
Notes.
Chapter 2 Order Entry and Execution Methodologies.
Open Outcry or Pit Trading.
Introduction of the CME Globex Platform.
Trade Matching Algorithms.
About Options Markets.
Ex-Pit Trading.
Conclusion.
Notes.
Chapter 3 Role of the Clearinghouse.
Financial Safeguards.
Financial Surveillance.
Default by a Clearing Member.
Resources Backing CME Group Clearing System.
Customer Protection.
Disaster Recovery and Business Continuity.
Rule Enforcement.
Financial and Regulatory Information Sharing.
Conclusion.
Chapter 4 Currency Futures: The First Financial Futures.
Evolution of Foreign Exchange Marketplace.
Over-the-Counter Currency Trading Vehicles.
Exchange-Traded Currency Futures and Options.
Foreign Exchange Market Growth and Trends.
Conclusion.
Notes.
Chapter 5 Stock Index Futures: The First Financial Futures.
Mechanics of Stock Index Futures.
E-Minis versus Exchange-Traded-Funds.
Pricing Stock Index Futures.
Spreading Stock Index Futures.
Hedging with Stock Index Futures.
Portable Alpha Strategies.
Conclusion.
Notes.
Chapter 6 Eurodollar Futures: Interest Rate Market Building Blocks.
Eurodollar Futures Market.
Speculating on Shape of Yield Curve.
Term Treasury/Eurodollar (TED) Spreads with Futures and Options.
Interest Rate Swap Market.
Growing Up Together.
Pricing Relationship.
Hedging Techniques.
Conclusion.
Technical Appendix: Complications and Shortcuts for Pricing and Hedging Swaps.
Notes.
Chapter 7 Understanding U.S. Treasury Futures.
Coupon-Bearing Treasury Securities.
Treasury Futures Delivery Practices.
Measuring Risk of Coupon-Bearing Securities.
Risk Management with Treasury Futures.
Macro Hedging with Treasury Futures.
Trading the Yield Curve with Treasury Futures.
Conclusion.
Notes.
Chapter 8 Commodities: Backbone of the Futures Industry.
What Are Commodities?
Grain Markets.
Livestock Markets.
Energy Products.
Precious Metals.
The Forward Curve.
Intermarket Commodity Spreading.
ClearPort Over-the-Counter Clearing Facility.
Conclusion.
Appendix: Major Commodity Market Specifications.
Chapter 9 Alternative Investment Market fundamentals.
Weather.
Residential Housing Futures.
Economic Indicators.
Conclusion.
Notes.
Chapter 10 Fundamental Market Indicators.
Why These Indicators?
Trading Volumes.
Volatility: Daily Net Change.
Volitility: Daily High-Low Range.
Conclusions.
Appendix: Economic Indicator Descriptions.
Notes.
Chapter 11 Technical Analysis Primer.
Why Technical Analysis?
Interpreting Charts.
Elliot Wave Theory.
Intraday Trading Techniques.
Trend-Following Systems.
Conclusion.
Chapter 12 Fundamentals of Option Markets.
What is an Option?
Mathematical Option Pricing Models.
Historic and Implied Volatilities.
Measuring Option Performance.
Conclusion.
Chapter 13 Option Trading Strategies.
Option Spreads.
Horizontal Spreads.
Diagonal Spreads.
Comparing Verticals, Horizontals, and Diagonals.
Weighted Spreads.
Volatility-Driven Strategies.
Specialty Option Strategies.
Matching Strategy and Forecast.
Conclusion.
Chapter 14 Hedging with Options.
Baseline Futures Hedge.
Buying Protection with Puts.
Yield Enhancement with Calls.
In- and Out-of-the-Money Options.
Matching Strategy with Forecast.
Collar Strategy.
Delta-Neutral Hedge.
Conclusion.
About the Authors and Contributors.
Index.
「Nielsen BookData」 より