Pricing and Hedging Financial Derivatives / Wiley Finance Series (ePub)

The only guide focusing entirely on practical approaches to
pricing and hedging derivatives

One valuable lesson of the financial crisis was that derivatives
and risk practitioners don't really understand the products they're
dealing with. Written by a practitioner for practitioners, this
book delivers the kind of knowledge and skills traders and finance
professionals need to fully understand derivatives and price and
hedge them effectively. Most derivatives books are written by
academics and are long on theory and short on the day-to-day
realities of derivatives trading. Of the few practical guides
available, very few of those cover pricing and hedging--two
critical topics for traders. What matters to practitioners is what
happens on the trading floor--information only seasoned
practitioners such as authors Marroni and Perdomo can impart.

* Lays out proven derivatives pricing and hedging strategies and
techniques for equities, FX, fixed income and commodities, as well
as multi-assets and cross-assets

* Provides expert guidance on the development of structured
products, supplemented with a range of practical examples

* Packed with real-life examples covering everything from option
payout with delta hedging, to Monte Carlo procedures to common
structured products payoffs

* The Companion Website features all of the examples from the
book in Excel complete with source code