Synopses & Reviews
A practitionerand#8217;s guide to the derivatives market, by the author of After the Trade Is Made Collateral debt obligations, currency rates, options, futures, and swapsand#151;these are just a few of the complex derivatives products that can daunt even the most seasoned finance professional. And in todayand#8217;s highly charged and rapidly changing financial climate, it is more important than ever for investors to have a strong grasp of the derivatives marketand#151;especially when derivatives are dominating global headlines and facing new regulations.
In this book, financial expert David Weiss introduces readers to the concepts of derivatives. Breaking down a complex market into its components, he systematically explains the structure, usage, and value aspect of all of the products constituting the derivatives universe. For each product, he introduces the market players, outlines the mechanics of trading, and explains the roles of regulation and oversight.
For portfolio managers, brokers, financial planners, and institutional investors, Derivatives is an indispensable tool.
Synopsis
A comprehensive, current survey of investment products and instruments Thorough, accessible, and up to date, Financial Instruments is a guide to all of the financial products currently being traded in the world's markets. Through plain language and in a user-friendly format, David M. Weiss, author of After the Trade Is Made, outlines the many tools available and their unique functions, features, and structures.
Weiss breaks financial instruments into four broad groups: equities, debt, derivatives, and mutual funds. Under each heading, he explores the many types of related products, including exotic investments such as:
? American Depositary Receipts
? Asset-Backed Securities
? Structured Debt
? Futures
? Swaps
? Unit Investment Trusts
Financial Instruments is an indispensable tool for finance professionals-portfolio managers, brokers, financial planners, and institutional investors. It's also a definitive resource for sophisticated individual investors.
About the Author
David M. Weiss, author of After the Trade Is Made, has been in the brokerage industry for more than thirty years. He is currently a consultant, educator, and source material expert at Dunbar Associates. He was a vice president of global operations for Goldman, Sachs & Co. Prior to that he was with the New York Stock Exchange, responsible for the trading services used by the exchange's diversified products division. He has served on the faculty of the New York Institute of Finance since 1968.