Understanding Credit Derivatives and Related Instruments

• Author : Antulio N. Bomfim
• Publisher : Academic Press
• Release : 23 November 2015

Understanding Credit Derivatives and Related Instruments, Second Edition is an intuitive, rigorous overview that links the practices of valuing and trading credit derivatives with academic theory. Rather than presenting highly technical explorations, the book offers summaries of major subjects and the principal perspectives associated with them. The book's centerpiece is pricing and valuation issues, especially valuation tools and their uses in credit models. Five new chapters cover practices that have become commonplace as a result of the 2008 financial crisis, including

• Author : Brian P. Lancaster,Glenn M. Schultz,Frank J. Fabozzi
• Publisher : John Wiley & Sons
• Release : 20 June 2008

Filled with the insights of numerous experienced contributors, Structured Products and Related Credit Derivatives takes a detailed look at the various aspects of structured assets and credit derivatives. Written over a period spanning the greatest bull market in structured products history to arguably its most challenging period, this reliable resource will help you identify the opportunities and mitigate the risks in this complex financial market.

• Author : Mark J. P. Anson,Frank J. Fabozzi,Moorad Choudhry,Ren-Raw Chen
• Publisher : John Wiley & Sons
• Release : 01 February 2004

An essential guide to credit derivatives Credit derivatives has become one of the fastest-growing areas of interest in global derivatives and risk management. Credit Derivatives takes the reader through an in-depth explanation of an investment tool that has been increasingly used to manage credit risk in banking and capital markets. Anson discusses everything from the basics of why credit risk is important to accounting and tax implications of credit derivatives. Key topics covered in this essential guidebook include: credit swaps;

• Author : George Chacko,Anders Sjöman,Hideto Motohashi,Vincent Dessain
• Publisher : FT Press
• Release : 18 December 2015

Every company faces credit risk. Credit derivatives are among the most powerful tools available for managing it. Once restricted to the financial industry, they are now widely used by businesses of all kinds—and all financial professionals need to understand them. Credit Derivatives, Revised Edition, explains these tools simply, clearly, and rigorously: what they do, how they work, and how to use them in today’s applications. The authors first show how credit risk can be measured and valued. They

• Author : S.L. GUPTA
• Publisher : PHI Learning Pvt. Ltd.
• Release : 01 July 2017

This highly acclaimed text, designed for postgraduate students of management, commerce, and financial studies, has been enlarged and updated in its second edition by introducing new chapters and topics with its focus on conceptual understanding based on practical examples. Each derivative product is illustrated with the help of diagrams, charts, tables and solved problems. Sufficient exercises and review questions help students to practice and test their knowledge. Since this comprehensive text includes latest developments in the field, the students pursuing

• Author : Michael Stafferton
• Publisher : Unknown
• Release : 23 March 2023

Presents a self-study guide to several complex instruments, their application, pricing, and market development. This workbook is designed to provide answers to fundamental questions about what credit derivatives are, who uses them, why, and also in what ways.

• Author : Christoph Theis
• Publisher : Haupt Verlag AG
• Release : 23 March 2023

Since the breakout of the current financial crisis and the failures of system-relevant financial institutions such as Lehman Brothers, Bear Stearns and AIG, credit default swaps (CDSs) are being perceived as a double-edged sword and are the subject of a lively discussion in the academic community as well as in the media. In addition, a new regulatory framework is currently under way to be implemented at the European level, which will have a significant impact on CDS market participants. The

• Author : Christopher L. Culp,Andria van der Merwe,Bettina J. Stärkle
• Publisher : Springer
• Release : 12 July 2018

This book, unique in its composition, reviews the academic empirical literature on how CDSs actually work in practice, including during distressed times of market crises. It also discusses the mechanics of single-name and index CDSs, the theoretical costs and benefits of CDSs, as well as comprehensively summarizes the empirical evidence on important aspects of these instruments of risk transfer. Full-time academics, researchers at financial institutions, and students will benefit from the dispassionate and comprehensive summary of the academic literature; they

• Author : George Chacko,Anders Sjöman,Hideto Motohashi,Vincent Dessain
• Publisher : Financial Times/Prentice Hall
• Release : 23 March 2023

Now, there's a completely up-to-date guide on credit derivatives that's ideal for all working financial professionals and students entering the field. Credit Derivatives, Second Edition has been fully updated to explain today's credit risk markets clearly and simply, in language any practitioner or advanced business student can understand. The authors begin by explaining the underlying principles surrounding credit risk. Next, they systematically present today's leading methods and instruments for managing it. The authors introduce total return swaps, credit spread options,

• Author : Paul U. Ali,Greg N. Gregoriou
• Publisher : CRC Press
• Release : 22 August 2008

Essential Reading on an Expanding Phenomenon The recent growth in mergers and acquisitions worldwide has been accompanied by a resurgence in insider trading on a scale not witnessed since the 1980s takeovers boom. Given the greater emphasis on insider trading in the global securities markets, this text combines the latest law and finance research on this ever-intriguing area with timely, expert perspectives to comprehensively cover the established US, European, and Asia-Pacific securities markets, as well as the key emerging markets

• Author : Alain Ruttiens
• Publisher : John Wiley & Sons
• Release : 05 August 2013

Mathematics of the Financial Markets Financial Instruments and Derivatives Modeling, Valuation and Risk Issues "Alain Ruttiens has the ability to turn extremely complex concepts and theories into very easy to understand notions. I wish I had read his book when I started my career!" Marco Dion, Global Head of Equity Quant Strategy, J.P. Morgan "The financial industry is built on a vast collection of financial securities that can be valued and risk profiled using a set of miscellaneous mathematical

• Author : Santiago Carrillo Menéndez,José Luis Fernández Pérez
• Publisher : American Mathematical Soc.
• Release : 23 March 2023

The paper by R. Zagst and M. Scherer is a short course on the different approaches used for pricing, hedging and risk management of credit derivatives. --

• Author : Janet M. Tavakoli
• Publisher : Unknown
• Release : 23 June 1998

A comprehensive first look at one of today's fastest growing investment and risk management mechanisms. "If you want to know more about credit derivatives-and these days an increasing number of people do-then you should read this book." -Merton H. Miller, winner, Nobel Prize in Economics, 1990 Robert R. McCormick Distinguished Service Professor Emeritus, University of Chicago Graduate School of Business. "Tavakoli brings extraordinary insight and clarity to this fascinating financial evolution. She combines her extensive experience and deep understanding of the

• Author : Pierre Vernimmen,Pascal Quiry
• Publisher : John Wiley & Sons
• Release : 18 February 2009

This textbook is designed for core courses in Corporate Finance taken by MBA , Masters in Finance and final year undergrads. It will also have a large market amongst corporate finance practitioners. It describes the theory and practice of Corporate Finance showing how to use financial theory to solve practical problems from a truly European perspective. Section one includes financial analysis which is not included in any other corporate finance textbook.

• Author : Rob Quail,James A. Overdahl
• Publisher : John Wiley & Sons
• Release : 02 November 2009

Essential insights on the various aspects of financial derivatives If you want to understand derivatives without getting bogged down by the mathematics surrounding their pricing and valuation, Financial Derivatives is the book for you. Through in-depth insights gleaned from years of financial experience, Robert Kolb and James Overdahl clearly explain what derivatives are and how you can prudently use them within the context of your underlying business activities. Financial Derivatives introduces you to the wide range of markets for financial