The SABR/LIBOR Market Model

pricing, calibration and hedging for complex interest-rate derivatives

This book presents a major innovation in the interest rate space. It explains a financially motivated extension of the LIBOR Market model which accurately reproduces the prices for plain vanilla hedging instruments (swaptions and caplets) of all strikes and maturities produced by the SABR model ...

The practical guide to Wall Street

equities and derivatives

"The Practical Guide to Wall Street" is an indispensable resource for anyone who aspires to a front-office sales or trading position on Wall Street and an essential desk reference for market practitioners and those who interact with this exciting but widely misunderstood industry. Written by ...

Asset allocation for dummies

This is an expert guide to the often-confusing process of mixing assets. Asset allocation is vital for investors because it has a major impact on reaching financial goals. If one doesn't include enough risk in a portfolio, investments may not earn a large enough ...

Economic modeling and inference

"Economic Modeling and Inference" takes econometrics to a new level by demonstrating how to combine modern economic theory with the latest statistical inference methods to get the most out of economic data. This graduate-level textbook draws applications from both microeconomics and macroeconomics, paying special attention ...

Quantitative finance

Its development, mathematical foundations, and current scope

This book presents a course in quantitative finance, including exercises and worked solutions. It emphasizes instruction and technique in covering the essential topics for a quantitative finance survey course, including: portfolio theory, decision theory, pricing of primary assets, pricing of derivatives, and the empirical behavior ...

Credit derivatives and structured credit trading

With CD-ROM. Credit derivatives as a financial tool has been growing exponentially from almost nothing more than seven years ago to approximately US$5 trillion deals completed by end of 2005. This indicates the growing importance of credit derivatives in the financial sector and how ...

CDS delivery option

better pricing of credit default swaps

CDS Delivery Option provides worked-out examples, over 30 charts, a case study of Delphi, and detailed explanations of how the subprime crisis caused the credit crisis and the near collapse of the GSEs.

An introduction to international capital markets

products, strategies, participants

This is a convenient all-in-one introduction to the capital markets. This introductory guide to the capital markets offers deep and focused detail on the workings of the markets. It is accessible and comprehensive and ideal for those entering or already working in investment banking or ...

China's emerging financial markets

challenges and global impact

Eds. Zhu Min, Cai Jinqing, Marthe Avery. This comprehensive resource presents the views of China's most highly respected economists, bankers, and policy makers - along with opinions from Western authorities - on the current state of banking and finance in China. Tracing the history of China ...

Finance

capital markets, financial management, and investment management

This title presents a comprehensive introduction to the dynamic world of finance. Created by the experienced author team of Frank Fabozzi and Pamela Peterson Drake, "Introduction to Finance" examines the essential elements of this discipline and makes them understandable to a wide array of readers ...

Lecturing birds on flying

can mathematical theories destroy the financial markets?

This title offers an intriguing look at how financial models have repeatedly failed our markets, including now. Leading and contrarian thinkers have been talking for years about the conflicts between theoretical and real finance. Nassim Taleb first addressed the issue in his technical treatise on ...

Exotic derivatives and risk

theory, extensions and applications

This book discusses in detail the workings of financial markets and over-the-counter (OTC) markets, focusing specifically on standard and complex derivatives. The subjects covered range from the fundamental products in OTC markets, standard and exotic options, the concepts of value at risk, credit derivatives and ...

Catching the wolf of Wall Street

more incredible true stories of fortunes, schemes, parties, and prision

In the go-go nineties Jordan Belfort proved to Wall Street that you didn't need to be on Wall Street to make a fortune in the stock market. But his company, Stratton Oakmont, worked differently. His young Long Island wannabes didn't know from turnaround ...

Real options in theory and practice

It accompanies CD-ROM. Decision makers in business and economics face a staggering array of problems. Managers of growing firms have to decide which growth options will expand their business. Governments have to decide which infrastructure investments to undertake. Managers of oil firms must decide how ...

Capex excellence

optimizing fixed asset investments

Auts. Hauke Hansen...[et.al]. Focusing on the core value levers companies can apply in the decision and design phase of capital investments, this book is the first to cover this topic in a holistic, practical, and strategic manner, and is based on McKinsey's ...

Day one trader

a life story

John Sussex, London UK - John's career spans the very start of the Liffe's open outcry exchange right through to a screen based exchange and beyond. John was there on the first day that the London International Futures and Options Exchange (Liffe) opened, working ...

Benjamin Graham on investing

enduring lessons from the father of value investing

Ed. Rodney G. Klein. This book offers a collection of rare and insightful writings from Wall Street's seminal theorist. Considered the 'father of value investing,' Benjamin Graham remains one of the most acclaimed financial thinkers of all time. He revolutionized investment philosophy with his ...

Financial modelling in Python

It accompanies CD-ROM. 'Fletcher and Gardner have created a comprehensive resource that will be of interest not only to those working in the field of finance, but also to those using numerical methods in other fields such as engineering, physics, and actuarial mathematics. By showing ...

Portfolio performance measurement and benchmarking

The first comprehensive guide to equitybenchmark construction for your portfolioThe failure to choose the right investing performancebenchmarks often leads to bad decisions or inactionand, inevitably, lost profits. "Portfolio PerformanceMeasurement and Benchmarking" helps high-net- worthand institutional investors create a system they can useto accurately measure their ...

Trading and investing in the forex markets using chart techniques

This book will show you how to find trade and investment opportunities in the financial markets. The very nature of trading and investing makes it a difficult business. The uncontrollable human emotions that rotate around greed, fear, and hope, are the elements of the human ...