Financial Derivatives, 3rd Edition

Rating:
Summary: Sound introduction to derivatives
Review: An easy to understand text that establishes the fundamentals of financial derivatives such as futures, options, and swaps with an emphasis on risk management. Great for business students.

Rating:
Summary: super book, fun to read
Review: Just entering the business from a EE background so I am reading this book to get down terminology and concepts before reading John C. Hull. At first "selling short" sounded like something shady.

This book is written in a friendly, interesting style.

Requires some math background (high school algebra) and basic knowledge of statistics (Gaussian distribution).
I have been verifying all calculations. For the asking, I have written some programs to automate interest rate calculations and Black-Scholes (...).

Next I'll write a program to do the work of 100000 stockbrokers in finding and executing arbitrage/reverse arbitrage opportunities.

Rating:
Summary: Sound introduction to derivatives
Review: This is a quick and easy guide to understanding derivatives. Excellent as a brief reference quide. Would recommend to professionals working with these products.

Rating:
Summary: Quick and Easy Guide
Review: This is a quick and easy guide to understanding derivatives. Excellent as a brief reference quide. Would recommend to professionals working with these products.