Check order status

Become part of a community of book lovers from all over the world and get access to a whole bunch of benefits. Create an account for free

DPD courier 4.99 € GLS courier 11.49 €

Contact

How to shop

Help

My account

▸ Empty :-(

Greeks and Hedging Explained

Peter Leoni

Language

English

Book Paperback

Libristo code: 02570078

Publishers Palgrave Macmillan, May 2014

Most books on financial derivatives focus on either the investment side of the business or on the ma... Full description

Libristo code: 02570078

112 b

46.41 €

In stock at our supplier Shipping in 10-18 days

Up to 30 days for returns

Customers also purchased

Requiem - Tome 05

Hardback

21.68 €

Für eine Hand voll Dollar, 1 Blu-ray Roberto Cinquini

Blu-ray

17.73 €

EL VÈRTIGO HORIZONTAL JUAN VILLORO

Paperback

33.94 €

ENERGIE SPRICHT: Praxisbuch aus der 9. Dimension uber Leben, Liebe & Lichtarbeit [empfohlen von Pavlina Klemm, Kyle Gray, Colette Baron-Reid, Deva Pre Lee Harris

Adobe ePub DRM

20.87 €

Bigalke/Köhler: Mathematik. Band 1. Analysis. Schülerbuch. Mecklenburg-Vorpommern Anton Bigalke

Paperback

39.01 €

Das große Stickerhaus Maja Wagner

Paperback

7.08 €

Lato nad morzem Przygody Fenka Sroka Magdalena

Paperback

4.04 €

5 MINUTES COG-TR OF KANJI 2ND GRADE Koji Miyaguchi

Paperback

42.56 €

Mes enquêtes à l'école des détectives - Tome 2 destination mystère Trédez

Hardback

9.92 €

Most books on financial derivatives focus on either the investment side of the business or on the mathematical models to price them. However, there is a gap between how quantitative researchers, analysts, structurers, risk managers and traders look and communicate on derivatives problems. In particular there often is a strong emphasis on pricing rather than hedging or risk management. This book fills a gap for a technical but not impenetrable guide to hedging options, and the 'Greek' (Theta, Vega, Rho, and Lambda) parameters that represent the sensitivity of derivatives prices. Taking the viewpoint of the front office practitioner, the book introduces the various option hedging strategies and the mathematics behind them in a concise but thorough manner. The book begins at an elementary level, with an introduction to the Black-Scholes formula (upon which most quantitative finance is built) from a practitioner perspective. The Greeks and Hedging Explained then develops the many themes that are omitted from many textbooks but which actually make up most of what happens in practice - including the effect of day conventions, interest rates and sticky deltas. The book features numerous illustrations, worked examples and, where appropriate, highlights market conventions over academic assumption. The Greeks and Hedging Explained is a welcome addition to the Financial Engineering Explained series and will serve as a foundation text for some of the more complex titles in the series.