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Handbook of corporate equity derivatives and equity capital markets
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ISBN: 9781119975908 Year: 2011 Publisher: Hoboken, N.J. : Wiley,

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"Equity strategies are closely guarded secrets and as such, there is very little written about how investors and corporate can utilise equity vehicles as part of their growth strategies. In this much-needed book, industry expert Juan Ramiraz guides readers through the whole range of equity derivative instruments, showing how they can be applied to a range of equity capital market situations, including hedging, yield enhancement and disposal of strategic stakes, mergers and acquisitions, stock options plan hedging, equity financings, share buybacks and other transactions on treasury shares, bank regulatory capital arbitrage and tax driven situations. The book includes case studies to highlight how equity derivative strategies have been used in real-life situations"--


Book
Financial derivative investments : an introduction to structured products
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ISBN: 9781848167117 1848167113 Year: 2011 Publisher: London: Imperial college press,

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Structured products are sold to a wide range of retail, high net worth and institutional investors, with over £15bn of structured investments sold in the UK in 2009. Based on a non-specialist graduate lecture course given at University College London (UCL), this book provides an invaluable introduction to the fast growing world of derivative investments and the technology used in their design, pricing and structuring. The book gives a comprehensive overview of structuring and trading products based on the author's extensive international experience in structuring investment products across a range of underlying asset classes, including equities, interest rates, credit and hybrids. The product coverage ranges from equity investments such as reverse convertibles and basket correlation products, to credit products such as first-to-default notes and the notorious "CDO2". Written in a simple and accessible manner, this book will be of interest to students, bankers, investors and other finance professionals.


Book
Hedging derivatives
Authors: ---
ISBN: 9814338796 9789814338790 981433880X 9786613433657 1283433656 9789814338806 9781283433655 Year: 2011 Publisher: Singapore ; Hackensack, N.J. : World Scientific,

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Valuation and hedging of financial derivatives are intrinsically linked concepts. Choosing appropriate hedging techniques depends on both the type of derivative and assumptions placed on the underlying stochastic process. This volume provides a systematic treatment of hedging in incomplete markets. Mean-variance hedging under the risk-neutral measure is applied in the framework of exponential Lévy processes and for derivatives written on defaultable assets. It is discussed how to complete markets based upon stochastic volatility models via trading in both stocks and vanilla options. Exponentia


Book
Multiscale stochastic volatility for equity, interest rate, and credit derivatives
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ISBN: 9780521843584 0521843588 9781139020534 1139153234 1139159828 9786613342164 1139155261 1283342162 1139160826 1139158775 1139157019 1139020536 1107225655 9781139160827 9781139158770 9781139157018 9781139157018 Year: 2011 Publisher: Cambridge Cambridge University Press

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Building upon the ideas introduced in their previous book, Derivatives in Financial Markets with Stochastic Volatility, the authors study the pricing and hedging of financial derivatives under stochastic volatility in equity, interest-rate, and credit markets. They present and analyze multiscale stochastic volatility models and asymptotic approximations. These can be used in equity markets, for instance, to link the prices of path-dependent exotic instruments to market implied volatilities. The methods are also used for interest rate and credit derivatives. Other applications considered include variance-reduction techniques, portfolio optimization, forward-looking estimation of CAPM 'beta', and the Heston model and generalizations of it. 'Off-the-shelf' formulas and calibration tools are provided to ease the transition for practitioners who adopt this new method. The attention to detail and explicit presentation make this also an excellent text for a graduate course in financial and applied mathematics.


Book
The Chinese Yuan : internationalization and financial products in China
Authors: --- ---
ISBN: 9780470827376 0470827378 0470827408 1118390369 9786613175106 128317510X 0470827394 9780470827390 9780470827406 9781118390368 0470827386 9780470827383 9781283175104 Year: 2011 Publisher: Hoboken, N.J. : Wiley,

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Few topics have attracted as much attention worldwide in recent years as the RMB. These debates have gained added urgency in light of the financial crisis and the topic of RMB revaluation is now being actively debated in countries all over the world from Tunisia to the United States. This book explores the ever-changing role of the RMB and the related derivative products. However, it does so from a view that is heavily influenced by the fallout from the financial crisis as well as the in the context of the increasing maturity of the Chinese capital markets. The author has drawn on his experience


Book
Financial Derivatives Modeling
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ISBN: 3642221548 3642221556 9783642221545 Year: 2011 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,

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This book gives a comprehensive introduction to the modeling of financial derivatives, covering all major asset classes (equities, commodities, interest rates and foreign exchange) and stretching from Black and Scholes' lognormal modeling to current-day research on skew and smile models. The intended reader has a solid mathematical background and is a graduate/final-year undergraduate student specializing in Mathematical Finance, or works at a financial institution such as an investment bank or a hedge fund.


Book
Republic of Estonia : Staff Report for the 2011 Article IV Consultation.
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ISBN: 1463963912 1463935706 1283557371 9786613869821 1463940297 Year: 2011 Publisher: Washington, D.C. : International Monetary Fund,

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The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estonia’s first year in the euro area, albeit amid nascent tensions. The economy’s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive Directors endorsed that Estonia faces an increasingly challenging environment as it looks to continue implementing policies preserving macroeconomic policy credibility and safeguarding sustainable growth. They also stated that, for the financial sector, the challenge entails safeguarding stability in the context of heightened global financial tension.


Book
Republic of Estonia : Staff Report for the 2010 Article IV Consultation.
Author:
ISBN: 1462358519 1455257923 1283562251 9786613874702 1455217573 Year: 2011 Publisher: Washington, D.C. : International Monetary Fund,

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Despite enduring one of the sharpest contractions in the EU, Estonia has been successful in its all-out efforts to join the euro area. Core prices have also begun increasing but at a moderate rate. Recent wage increases have defied not only high unemployment but also increases in vacancies and long-term unemployment. Executive Directors welcomed the authorities’ medium-term goal of returning to budget surpluses to restore fiscal reserves and keep public debt at low levels. Directors observed that the financial sector had weathered the crisis relatively well.


Book
Codes of finance : engineering derivatives in a global bank
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ISBN: 9780691151502 0691151504 9786613212610 1283212617 1400840465 9781400840465 9781283212618 Year: 2011 Publisher: Princeton : Princeton University Press,

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The financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. In Codes of Finance, Vincent Antonin Lépinay, a former employee of one of the world's leading investment banks, takes readers behind the scenes of the equity derivatives business at the bank before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments-and of how they ultimately created havoc inside and outside the bank.

Keywords

Private finance --- Organization theory --- AA / International- internationaal --- FR / France - Frankrijk --- 333.605 --- 333.130.1 --- Nieuwe financiële instrumenten. --- Bankbedrijf. Buiten-balans verrichtingen. --- Bank management --- Derivative securities --- Financial engineering --- Selling --- Banks and banking --- Salesmanship --- Salesmen and salesmanship --- Business --- Retail trade --- Advertising --- Marketing --- Sales promotion --- Computational finance --- Engineering, Financial --- Finance --- Derivative financial instruments --- Derivative financial products --- Derivative instruments --- Derivatives (Finance) --- Financial derivatives --- Securities --- Structured notes (Securities) --- Management --- Bankbedrijf. Buiten-balans verrichtingen --- Nieuwe financiële instrumenten --- E-books --- 2008 financial crisis. --- CGPs. --- General Bank. --- back-office managers. --- bank. --- banks. --- border control. --- capital guarantee products. --- client preference. --- clients. --- codes. --- commoditization. --- competition. --- costs. --- credit default swaps. --- derivation. --- derivatives. --- economic derivation. --- economic goods. --- economic theorists. --- financial crisis. --- financial industry. --- financial instruments. --- financial operators. --- financial products. --- front office. --- high-maintenance products. --- investors. --- market values. --- market. --- markets. --- opaque strategies. --- portfolios. --- pricer. --- products. --- reverse finance. --- risks. --- salespeople. --- securities. --- services. --- traders. --- trading room. --- value creation.


Book
Collateral knowledge : legal reasoning in the global financial markets
Author:
ISBN: 9780226719337 9780226719320 0226719324 0226719332 Year: 2011 Volume: *1 Publisher: Chicago (Ill.): University of Chicago press,

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