Measuring and Managing Derivative Market Risk
| Author | : | |
| Rating | : | 4.92 (976 Votes) |
| Asin | : | 1861520069 |
| Format Type | : | paperback |
| Number of Pages | : | 208 Pages |
| Publish Date | : | 2015-02-04 |
| Language | : | English |
DESCRIPTION:
This book is great! The author did a great job in putting mathematical concepts in simple language.
It should be a useful guide to a key area of risk management.. This text sets out a clear, logical approach to the measurement of price risk positions using the techniques of factor sensitivity analysis and value at risk, illustrated with straightforward numerical examples. Recent well-publicized losses on the derivatives markets have highlighted the need for a much closer understanding of the price risk involved, not just among the specialists but at all levels within financial institutions and end-user companies