E-Book Overview
I have read a couple of books on derivatives starting from novice level. when i compare this book with those written by some of rhe other great names i feel it is much clearer andeasy to understand. It answers the questions that come to our mind. the optval library is awesome. i feel it is a must read. Coming from the man who created the Market Volatility Index (i.e., the "VIX") for the Chicago Board Options Exchange and the NASDAQ Market Volatility Index (i.e., the "VXN")it touches upon aspects of derivatives markets which serve to give the practical insight about the market's functionality.
E-Book Content
Derivatives Markets, Valuation, and Risk Management
ROBERT E. WHALEY
John Wiley & Sons, Inc.
Derivatives Markets, Valuation, and Risk Management
Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. With offices in North America, Europe, Australia, and Asia, Wiley is globally committed to developing and marketing print and electronic products and services for our customers’ professional and personal knowledge and understanding. The Wiley Finance series contains books written specifically for finance and investment professionals as well as sophisticated individual investors and their financial advisors. Book topics range from portfolio management to e-commerce, risk management, financial engineering, valuation and financial instrument analysis, as well as much more. For a list of available titles, please visit our Web site at www.WileyFinance.com.
Derivatives Markets, Valuation, and Risk Management
ROBERT E. WHALEY
John Wiley & Sons, Inc.
Copyright © 2006 by Robert E. Whaley. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrie