Mastering Repo Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Mastering Repo Markets write by Bob Steiner. This book was released on 1996. Mastering Repo Markets available in PDF, EPUB and Kindle. The most up-to-date practical primer in the professional markets.
An Introduction to Repo Markets
An Introduction to Repo Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Introduction to Repo Markets write by Moorad Choudhry. This book was released on 2011-01-31. An Introduction to Repo Markets available in PDF, EPUB and Kindle. The Repo markets have grown dramatically in the past few years because of the need to hedge short positions in the capital and derivatives markets. Virtually all major currency markets in the world now have an established repo market, the facility is also increasingly being used in developing currency markets as well. This book is a practical introduction that focuses on the instruments, applications and risk management techniques essential for this rapidly evolving market. Fully updated to reflect the changes in these markets, the book also includes worked examples and case studies, and new sections on basket and structured finance repo.
An Introduction to Options Trading
An Introduction to Options Trading - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Introduction to Options Trading write by Frans de Weert. This book was released on 2011-02-15. An Introduction to Options Trading available in PDF, EPUB and Kindle. Explaining the theory and practice of options from scratch, this book focuses on the practical side of options trading, and deals with hedging of options and how options traders earn money by doing so. Common terms in option theory are explained and readers are shown how they relate to profit. The book gives the necessary tools to deal with options in practice and it includes mathematical formulae to lift explanations from a superficial level. Throughout the book real-life examples will illustrate why investors use option structures to satisfy their needs.
Global Repo Markets
Global Repo Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Repo Markets write by Moorad Choudhry. This book was released on 2011-12-07. Global Repo Markets available in PDF, EPUB and Kindle. Repo, from sale and repurchase agreement, is one for the oldest and widely used instruments in global capital markets. It is a vital ingredient in the smooth and efficient running of the financial markets, and is used by all market participants including central banks, commercial banks, fund managers and corporates. This book is a comprehensive, detailed and authoritative description of the repo instrument. Written by a former repo trader, it covers applications and analysis of the various different instruments used in the repo markets. It also places the repo markets in the overall context of the money markets and banking asset-liability management.
How Big Banks Fail and What to Do about It
How Big Banks Fail and What to Do about It - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How Big Banks Fail and What to Do about It write by Darrell Duffie. This book was released on 2010-10-18. How Big Banks Fail and What to Do about It available in PDF, EPUB and Kindle. A leading finance expert explains how and why big banks fail—and what can be done to prevent it Dealer banks—that is, large banks that deal in securities and derivatives, such as J. P. Morgan and Goldman Sachs—are of a size and complexity that sharply distinguish them from typical commercial banks. When they fail, as we saw in the global financial crisis, they pose significant risks to our financial system and the world economy. How Big Banks Fail and What to Do about It examines how these banks collapse and how we can prevent the need to bail them out. In sharp, clinical detail, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures. He identifies where the cracks first appear when a dealer bank is weakened by severe trading losses, and demonstrates how the bank's relationships with its customers and business partners abruptly change when its solvency is threatened. As others seek to reduce their exposure to the dealer bank, the bank is forced to signal its strength by using up its slim stock of remaining liquid capital. Duffie shows how the key mechanisms in a dealer bank's collapse—such as Lehman Brothers' failure in 2008—derive from special institutional frameworks and regulations that influence the flight of short-term secured creditors, hedge-fund clients, derivatives counterparties, and most devastatingly, the loss of clearing and settlement services. How Big Banks Fail and What to Do about It reveals why today's regulatory and institutional frameworks for mitigating large-bank failures don't address the special risks to our financial system that are posed by dealer banks, and outlines the improvements in regulations and market institutions that are needed to address these systemic risks.
