Table of Content

Universe of Derivatives - Facts
Derivatives Introduced - Indian Perspective
OTC FX Concepts
ETC FX Concepts
FX Options - Concepts
FX Options - Valued
FX Options - Structured Solutions
Interest Rate Product - Vanilla to Exotic
Money Market: The FX Impact
Indianomics
Fundamental Analysis and Data Releases
Technical Analysis
ISDA Agreement - Documenting Derivatives

To be financially literate in today's market, students and professionals in the field of finance must have a solid understanding of the concepts, instruments and application of financial derivatives. This text offers a broad based introduction to financial derivatives and covers both the technical aspects of these instruments and information about the markets in which they are traded. The text balances rigor and accessibility through a clear writing style, a graduated mathematical treatment, and an integration of numerous examples and worked out activities to illustrate the application of techniques and facilitate self-assessment.

Salient Features

• Focuses primarily in foreign exchange and interest rate derivatives, which accounts for ~ 90% of the global derivative market turnover. Other asset classes in the balance ~ 10 % include Equity, Commodity and Credit Derivatives.

• Includes vanilla and exotic structured products on foreign exchange and interest rate derivatives, which are executed globally by investors, hedge funds and banks.

• Features screenshots from Thomson Reuters displaying among others, live currency and rates market as they appear to professional traders, historical charts displaying economic data releases and calculators which traders use to price options.

• Elucidates theory with real life practical examples and case studies which emerges from authors' rich experience while working with global investment banks.