Managing Derivatives Risk: Establishing Internal Systems and Controls

Managing Derivatives Risk: Establishing Internal Systems and Controls
ISBN-10
1557387788
ISBN-13
9781557387783
Category
Business & Economics
Pages
406
Language
English
Published
1995
Publisher
McGraw Hill Professional
Author
Dimitris N. Chorafas

Description

Despite recent criticism, the derivatives market has continued to boom. This wake-up call has reminded investors that derivatives do not eliminate risk, they simply divert it. And as with any risk-bearing instrument, effective risk management is critical. Managing Derivatives Risk by Dimitris N. Chorafas is the first book to focus solely on the risk of derivative instruments themselves and provides working solutions for the management of the derivatives portfolio. Based on the experience of investment banks and capital markets firms throughout the world, Managing Derivatives Risk addresses itself to the challenges that derivatives risk management presents and on the established methods of facing them.

Similar books