To ensure that the mathematical demands placed upon the reader are minimal, there is an uncomplicated, applied explanation provided for each topic. As each concept or valuation technique is introduced, it is explained in detail, the relevant formula is presented, and a calculation example is presented.
The text also emphasises the use of financial futures in risk management. While the Financial Futures Primer features ample examples of speculative strategies that can be implemented with these instruments, the focus of the application examples is the management of pre–existing risk.
This brief, yet comprehensive, overview of the complex topics surrounding futures makes the Financial Futures Primer a valuable resource for professionals as well as an ideal supplement for advanced undergraduate courses in finance and economics and MBA level investments courses.
2. Futures Prices.
3. Using Futures Markets.
4. Interest Rate Futures: Introduction.
5. Interest Rate Futures: Refinements.
6. Stock Index Futures: Introduction.
7. Stock Index Futures: Refinements.
8. Foreign Currency Futures.