Speculative Capital: The nature of risk in capital markets
- ISBN-10
- 027364422X
- ISBN-13
- 9780273644224
- Category
- Business & Economics
- Pages
- 253
- Language
- English
- Published
- 1999
- Publisher
- Financial Times Management
- Author
- Nasser Saber
Description
Detailing the characteristics of derivatives which act as the functional form of speculative capital in financial markets, this text shows the way for solving a pressing problem currently facing regulators and practitioners of capital markets: how to quantify counterparty default risk.
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