Mastering Swaps Markets
A step-ky-step guide to tlie
products, applications and risb
Swaps are an integral part of
the world of international finance. Their use has permeated almost every aspect of
domestic and international capital and money markets. Yet, to many potential users, they
remain an arcane derivatives risk management tool.
Mastering Swops Markets
traces the development of swaps from the 1970s until today, examining both the obstacles
to their growth and the hurdles which were jumped in order to ensure their survival.
The book shows how swaps are
used, and by whom, and examines the motives of, and benefits to, the counterparties in
these transactions. Numerous case studies and exercises encourage an understanding of the
practical application of swaps as well as the mathematics used in the marketplace.
Whether you are a trader,
broker, risk manager, auditor, accountant, investor, salesperson or market student, this
book will give you the ability to manipulate and apply, with speed and confidence, the
techniques relevant to your marketplace.
207 pages