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Introduction to Financial Markets

  • Raymond H. Chan,
  • Yves ZY. Guo,
  • Spike T. Lee,
  • Xun Li

摘要

There are a few objectives in this book. The first is to present the main properties of basic derivatives such as forward/futures, swaps, vanilla and exotic options. The second is to provide a modelling framework within which those derivatives can be priced and hedged. The third is to introduce structured products, which are pre-packaged and sometimes tailor-made financial instruments designed to take advantage of specific market views.