Core Financial Instruments: Understanding and Innovating in the World of Derivatives

Author: (British) Edwardes (Edwardes/W.) / Xia Yingyan / Ge Xiaopeng
Publisher:
Publishing Date: 2005-04-01
Features: This book is divided into five parts and fourteen chapters. Part I introduces the background, briefly explains financial instruments and derivatives, the ways to obtain ideas, and the factors driving the transformation of financial instruments. Part II examines some core financial instruments that play a pivotal role in the development of the financial derivatives market. Part III analyzes two cases: the Forward Contract with Termination and the Perpetual Swap. Part IV discusses risk management. Part V explores current developments and future trends. This book revitalizes financial instruments, allowing readers not only to gain a deeper understanding of customer demand-driven solutions from a customer's perspective but also to enhance their understanding of bank interest-driven solutions from a banker's perspective. In the long run, the techniques and methods presented in the book can also be applied to future financial instruments.