Brief Overview of Futures and Options in Risk ManagementBasic Definitions: A security whose value depends on the worth of other basic underlying variables. E.G. Futures, Options, Forward Contracts, Swaps. A derivative is a financial instrument whose value is derived from that of another security....
options on futuresfuturesFutures hedging creates liquidity risk through marking to market. Liquidity risk matters if interim losses on a futures position have to be financed at a markup over the risk-free rate. This study analyzes the optimal risk management and production decisions of a firm ...
1 RiskManagement using IndexOptionsandFutures 2 Outline Introduction Usingoptions Usingfuturescontracts Dynamichedging 3 Introduction Portfolioprotectioninvolvesadding componentstoaportfolioinorderto establishafloorvaluefortheportfolio using: •Equityorstockindexputoptions •Futurescontracts •Dynamichedging 4 Hedg...
Liquidity risk matters if interim losses on a futures position have to be financed at a markup over the risk-free rate. This study analyzes the optimal risk management and production decisions of a firm facing joint price and liquidity risk. It provides a rationale for the use of options on...
Introducing fairly-priced currency options stimulates production provided that the currency futures market is unbiased.doi:10.2139/ssrn.269846AdamMuller, Axel F. AWong, Kit PongSSRN Electronic JournalAdam-Miiller, A. F. A,Wong, K. P.Restricted Export Flexibility and Risk Management with Options and...
Options, Futures, and Other Derivatives的创作者· ··· 约翰·C·赫尔作者 作者简介· ··· 约翰·赫尔(JohncHull),加拿大多伦多大学罗特曼管理学院(Joseph L.Rotman School of Management)教授,Bonham金融中心主任。他是国际公认的衍生品权威,并在该领域有多部著作。Hull教授与Alan White因为在Hull-White利率...
约翰·赫尔教授著有《风险管理与金融机构》(RiskManagementandFinancialInstitutions)、《期权与期货市场基本原理》(Fundamen-talsandofFuturesandOptionsMarkets)和《期权、期货及其他衍生产品》(Options,Futures,andOtherDerivatives)等金融专著。这些著作被翻译成多种语言,并在世界不同地区的交易大厅被广泛采用。赫尔教授曾...
在读Options, Futures, and Other Derivatives 书名: Options, Futures, and Other Derivatives 作者: John C. Hull 副标题: United States Edition 页数: 744 出版社: Pearson 出版年: 2002-7-3 Chapter 1 introduction A derivative can be defined as a financial instrument whose value depends on (or deri...
Options, Futures, and Other Derivatives 2025 pdf epub mobi 电子书 著者简介 Maple Financial Chair in Derivatives and Risk Management Options, Futures, and Other Derivatives 电子书 图书目录 点击这里下载 想要找书就要到本本书屋 onlinetoolsland.com ...
Options, Futures and Other Derivatives (6th Edition) 2024 pdf epub mobi 电子书 著者简介 约翰·赫尔(JohncHull),加拿大多伦多大学罗特曼管理学院(Joseph L.Rotman School of Management)教授,Bonham金融中心主任。他是国际公认的衍生品权威,并在该领域有多部著作。Hull教授与Alan White因为在Hull-White利率模型上...