Designed to bridge the gap between theory and practice, this successful book is regarded as "the bible" in trading rooms throughout the world. The books covers both derivatives markets and risk management, including credit risk and credit derivatives; forward, futures, and swaps; insurance, weather, and energy derivatives; and more. For options traders, options analysts, risk managers, swaps traders, financial engineers, and corporate treasurers.
An indispensable reference for a serious trader.
Hull is arguably the bible for derivatives. It does cover a broad range of topics and product types. I find it a good starting point for anyone who would like to get an understanding of derivatives, but may not be the best if you would like more detail. It includes some mathematical explanations, but not overly complex so remains quite easy to understand for those without quantitative background. The book seems to be updated regularly so will take into account new product types....Continua