This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: Mastering Credit Derivatives, 2ePart 1:- Introduction to Credit Derivatives & ApplicationsChapter 1:- Introduction to Credit DerivativesExhibit 1:-Credit Default SwapsExhibit 2:-CLNsExhibit 3-TROR SwapsChapter 2 :-Credit Derivatives & ApplicationsExhibit 1:-Credit Default Swap Applications, Balance Sheet, Hedging, curve credit viewsExhibit 2:-CLNs ApplicationsExhibit 3-TROR Swaps applications, Balance SheetChapter 3:-CDS BasisChapter 4:-Pricing CDSChapter 4:-ISDA Documentation & Basel II Credit Derivatives RegulationsPart 2 Structured Credit DerivativesChapter 6:-Traunched IndicesCredit Default Swap IndicesExhibit 1:-DJ CDX Investment Grade IndexImportant Characteristics of Benchmark IndicesDetermining the upfront paymentsImpact of Defaults on Index CashflowsExhibit 2:-Impact on Default on IndexTraunches of Standard Default Swap IndicesImportant characteristics of benchmark traunchesExhibit 3:-Traunched DJ CDX NA IGExhibit 4:-Credit Index CPPI strategiesChapter 7:- What is Correlation?"One mans delta is another man's correlation" -Chris BoasIntroductionExhibit 1:-Portfolio Volatility Affected by CorrelationCorrelation In Structured Credit MarketsObserving Default CorrelationThe Hidden Meaning of Correlation in Credit MarketsExhibit 2:-Correlation Affects the Relationship Between Volatility and Portfolio sizeExhibit 3:-Valuation in structured credit marketsExhibit 4:-Correlation Creates Portfolio loss Distribution with fatter tailsExhibit 5:-Implied Compound and Base CorrelationExhibit 6:-correlation Sensitivity varies with seniorityExhibit 7:-Traunche Equivalence - Long/short combinationsChapter 8:-First-to-Default BasketsOverview of Default Basket PrimerExhibit 1:-First to Default SwapExhibit 2:-Basket Default Swap Premium Depends on CorrelationFirst-to-default basket: Investor MotivationExhibit 3 Investor Motivation for Basket TradingMergers & FTD BasketsExhibit 4:-Replacement language matters - Impact of a hypothetical merger between Credits 1 & 2.Exhibit 5:-What is the impact of a Merger Worth?Funded BasketsExample: Ex-HiVol First to Default BasketEx HiVol Benchmark First to Default Basket Chapter 9:-Cash CDO'sIntroductionExhibit 1:-Growth in CDO issuanceExhibit 2:-CDO's in the context of overall ABS MarketExhibit:-A Comparison of collateral composition of CDO Issuance 1998 and 2004What are Cash CDO's?How do Cash CDO's work?Exhibit 3:- How a typical Cash CDO worksCash CDOs: A taxonomyUnderstanding the basics of CDO equity returnsRating of CDOsAnalytical Challenges in modelling cash CDOsChapter 10:-Synthetic CDO'sIntroductionExhibit 1:-Global Total Synthetic CDO IssuanceWhat are Synthetic CDO's?Exhibit 2:-How a typical CDS worksExhibit 3:-How a t. Codice inventario libreria
This second edition of Mastering Credit Derivatives has been completely revised to include new movements in the world of finance. The first part of the book is set aside as a condensed, updated version of the previous edition whereas the next two thirds are dedicated to recent innovations such as Structured Credit Derivatives and Greeks and Tranche Sensitivity.
The book is written on a purely ‘need to know’ basis, avoiding the archaic, theoretical and excessively mathematical concepts.
Input from market practitioners offers valuable insight into where they believe the market is headed in the future. Derivatives is a huge area, thought to be worth trillions of pounds. With new products being constantly introduced, it is important to keep up-to-date with its rapid growth.
Dal retro di copertina:
"...a truly insightful book on structured credit...this book will help the reader develop an intuitive understanding of how structured products behave in changing markets".
Philip Best, Chief Risk Officer, Threadneedle Asset Management.
A step-by-step guide to credit derivatives and their application.
Mastering Credit Derivatives provides comprehensive coverage of this rapidly growing market. It will give you a clear understanding of what credit derivatives are, as well as explaining their benefits and risks.
In this fully revised and updated edition, Andrew Kasapis approaches the derivatives market from a practical basis, using examples of real market data and trades. He includes ideas and comments from market practitioners who offer valuable insights as to the likely direction the industry will take.
The book includes chapters on:
Mastering Credit Derivatives is an invaluable guide that will help you to understand credit derivatives and apply them to your market place.
Condizione libro: Used
Descrizione libro FT Press, 2009. Paperback. Condizione libro: Used: Good. Codice libro della libreria SONG0273714856
Descrizione libro FT Press. Paperback. Condizione libro: Very Good. Very good condition - book only shows a small amount of wear. Codice libro della libreria G0273714856I4N00
Descrizione libro Paperback. Condizione libro: New. New Softcover International Edition, Printed in Black and White, Different ISBN, Same Content As US edition, Book Cover may be Different, in English Language. Codice libro della libreria 14724
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Descrizione libro FT Press. Paperback. International Edition. Very fast shipping. Receive your book in 2-7 business days if you checkout with expedited shipping. We take pride in our customer service, please contact us if you have any questions regarding the listing. Codice libro della libreria iu-US-8131729303
Descrizione libro Soft cover. Condizione libro: New. FAST 2 to 3 day Expedited Shipment Option - Brand NEW - International Edition - 2ed - SAME Contents as in US edition - SHRINKwrapped BOXpacked. Codice libro della libreria F48
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