Derivatives Explained: Forwards, Futures, Swaps, and Options as Building Blocks
Book: Structured Finance and Insurance: The ART of Managing Capital and Risk Author: Christopher L. Culp Publisher: Wiley Finance, 2006 ISBN: 978-0-471-70631-1
Derivatives
Exotic Derivatives: Beyond Vanilla Options
We have spent a lot of time on vanilla calls and puts. But now Wilmott opens Part Two of the book, and things get interesting. Chapter 22 introduces exotic derivatives, contracts that keep quants employed and traders nervous.
What Are Derivatives? Options, Puts, Calls, and Why They Matter
Chapter 2 is where Wilmott introduces the main character of the book: options. Also known as derivatives or contingent claims. No heavy math here yet, just definitions, jargon, and some clever strategies people use to make (or lose) money.
Retelling Paul Wilmott on Quantitative Finance: The Complete Series
I’m about to do something a bit ambitious. I’m going to retell the entire “Paul Wilmott on Quantitative Finance” - one of the biggest, most comprehensive textbooks on quantitative finance ever written. And I’m going to do it in plain English.
Swap Markets Explained: Interest Rate and Currency Swaps
Book: Financial Markets and Institutions, 11th Edition Author: Jeff Madura Publisher: Cengage Learning, 2015 Series: Chapter 15 Review
A swap is an agreement between two parties to exchange a set of payments over time. The most common type swaps fixed interest rate payments for floating ones. Chapter 15 covers the different types of swaps, how they are priced, what risks they carry, and how the swap market nearly brought down the financial system.
Product Fundamentals: Bonds, Repos and Derivatives Explained Simply
Chapter 1 is the foundation. It covers all the products you need to know before the book gets into the actual trading strategies. If you already know bonds, repos, swaps, and options, you can skim. But honestly, a quick review never hurts.