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Description for Derivatives
Paperback. Since the 1980s there has been an explosion in derivatives trading. Derivatives have often been seen as the villain, responsible for some of the most newsworthy financial disasters, including Barings Bank. This text offers a view that derivatives are an effective and acceptable investment medium. Num Pages: 328 pages, Ill. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 227 x 153 x 19. Weight in Grams: 568.
When it first published in spring 1998, Derivatives: The Wild Beast of Finance made bold predictions and recommendations for the future of global finance. Alfred Steinherr explained that, without effective risk management, the incredible explosion in the use and value of derivatives could destabilise the entire global market structure. His views and suggested solutions were not universally accepted. And then, suddenly, in the space of a few months many of the inherent dangers he set out became reality - the Asian crisis took a vicious toll on the tiger economies and the Russian bear collapsed, heralding the ultimate destruction of ... Read more
When it first published in spring 1998, Derivatives: The Wild Beast of Finance made bold predictions and recommendations for the future of global finance. Alfred Steinherr explained that, without effective risk management, the incredible explosion in the use and value of derivatives could destabilise the entire global market structure. His views and suggested solutions were not universally accepted. And then, suddenly, in the space of a few months many of the inherent dangers he set out became reality - the Asian crisis took a vicious toll on the tiger economies and the Russian bear collapsed, heralding the ultimate destruction of ... Read more
Product Details
Format
Paperback
Publication date
2000
Publisher
John Wiley and Sons Ltd United Kingdom
Number of pages
328
Condition
New
Number of Pages
370
Place of Publication
New York, United States
ISBN
9780471822400
SKU
V9780471822400
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About Alfred Steinherr
Alfred Steinherr is General Manager at the European Investment Bank in Luxembourg and Rector of the Free University of Bolzano in Italy. He was responsible for the development of the EIB's risk-management and performance systems and for the design of risk hedging.
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