Read Online Introduction to Derivatives: Everything you want to learn about financial derivatives DOC
Derivatives are financial instruments that derive their value from the value of another underlying asset. Derivatives have existed for centuries, however, in the past few years they have become increasingly important in effectively managing financial risk and to take synthetic positions in asset classes that was otherwise not possible. The purpose of this book is to introduce the readers to the basic concepts of derivatives, the most common types of derivatives and how they work. You will specifically learn about:What are derivatives?Role of derivativesCommonly used derivative contractsHow are derivatives traded?Forward contractsFutures contractsOptionsSwapsUsing derivatives for risk managementBy the end of this book, you will have a good understanding of derivatives market, concepts and instruments.
