COMMODITY AND FINANCIAL DERIVATIVES

by S. KEVIN

Overview

This is the second edition of the book on Commodity and Financial Derivatives. It provides an in-depth analysis of the underlying concepts of the different types of commodity and financial derivatives, namely, forwards, futures, options and swaps. It explains the trading processes of the derivatives and highlights their uses.Beginning with an overview of the subject, the text discusses in detail the forwards emphasizing the currency forward. It presents the different types of futures—commodity futures, currency futures, stock futures, index futures, interest rate futures—and the different types of options—stock options and currency options. The text continues to explain the option pricing models. It concludes with a chapter on financial swaps, which describes the operational modalities of currency swaps and interest rate swaps.The Indian context and environment are highlighted while explaining the trading processes of the different types of derivatives to familiarize the reader with the Indian derivatives market. The text is supported by illustrative examples, diagrams, tables and review questions to reinforce the understanding of the subject matter. The textbook is primarily intended for the postgraduate students of finance, commerce and management. It will also be useful to all those who are engaged in derivatives trading and who facilitate derivatives trading. New to the second editionA large number of numerical examples and exercises are added to the various chapters to help the users understand the practical application of derivatives in hedging risk in diverse situations.

Product Details

ISBN-13:	9788120348783
Publisher:	PHI Learning
Publication date:	01/16/2014
Sold by:	Barnes & Noble
Format:	eBook
File size:	2 MB

About the Author

S. Kevin, Ph.D., is Director and Dean of Management Studies, Bishop Jerome Institute, Kollam. He has over three decades of teaching experience in Commerce and Management Studies at the postgraduate level. He has also served as Professor of Commerce and Pro-Vice-Chancellor of the University of Kerala and also the Director of TKM Institute of Management, Kollam.Professor Kevin has published several research articles in scholarly journals such as Finance India, Economic and Political Weekly of India, Productivity, Yojana, International Journal of Management and Systems, Decision, etc. He has authored three other books—Portfolio Management, Security Analysis and Portfolio Management and Fundamentals of International Financial Management—all published by PHI Learning.His areas of specialization are financial management, security analysis and portfolio management, international finance, and commodity and financial derivatives.

Table of Contents

Preface 1. Derivatives: An Overview 2. Forwards: Basics 3. Currency Forwards 4. Futures: Basics 5. Pricing of Futures 6. Commodity Futures 7. Currency Futures 8. Stock Futures 9. Index Futures 10. Interest Rate Futures 11. Stock Options 12. Currency Options 13. Option Pricing 14. Financial Swaps Glossary • Index