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Risk Management, Speculation, and Derivative Securities

Geoffrey Poitras

in Elsevier Monographs from Elsevier, currently edited by Candice Janco

Abstract: Its unified treatment of derivative security applications to both risk management and speculative trading separates this book from others. Presenting an integrated explanation of speculative trading and risk management from the practitioner's point of view, Risk Management, Speculation, and Derivative Securities is the only standard text on financial risk management that departs from the perspective of an agent whose main concerns are pricing and hedging derivatives. After offering a general framework for risk management and speculation using derivative securities, it explores specific applications to forward contracts and options. Not intended as a comprehensive introduction to derivative securities, Risk Management, Speculation, and Derivative Securities is the innovative, useful approach that addresses new developments in derivatives and risk management. *The only standard text on financial risk management that departs from the perspective of an agent whose main concerns are pricing and hedging derivatives *Examines speculative trading and risk management from the practitioner's point of view *Provides an innovative, useful approach that addresses new developments in derivatives and risk management

Keywords: contract; hedge fund; arbitrage; spread trading; hedging; portfolio; option valuation (search for similar items in EconPapers)
Date: 2002 Originally published 2002-06-10.
Edition: 1
ISBN: 978-0-12-558822-5
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Citations: View citations in EconPapers (7)

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