Books Details
Author : Howard Corb Pages : 599 pages Publisher : Columbia University
Press Language : ISBN-10 : 0231159641 ISBN-13 : 9780231159647
Books Descriptions
The first swap was executed over thirty years ago. Since then, the
interest rate swaps and other derivative markets have grown and
diversified in phenomenal directions. Derivatives are used today by a
myriad of institutional investors for the purposes of risk management,
expressing a view on the market, and pursuing market opportunities that
are otherwise unavailable using more traditional financial instruments. In
this volume, Howard Corb explores the concepts behind interest rate
swaps and the many derivatives that evolved from them.Corb's book
uniquely marries academic rigor and real-world trading experience in a
compelling, readable style. While it is filled with sophisticated formulas
and analysis, the volume is geared toward a wide range of readers
searching for an in-depth understanding of these markets. It serves as
both a textbook for students and a must-have reference book for
practitioners. Corb helps readers develop an intuitive feel for these
products and their use in