Risk Management of Futures and Options. 2nd Edition (2nd Edition)

Author: Walter Shumway
Publisher:
Publish Date: 2003-01-01
Features: This book provides an in-depth introduction to futures and options in risk management, covering pricing principles, hedging derivatives, and their applications in government bond and portfolio risk management. This edition has been extensively revised and expanded, including new content such as exotic options, risk management in derivative trading, and a more detailed analysis of value volatility. The book discusses concepts and models using an intuitive and rigorous approach while emphasizing their practical applications. This clear, step-by-step presentation is particularly suitable for students with limited mathematical backgrounds, while those with strong mathematical foundations will also benefit greatly from reading this book.