{"product_id":"fx-derivatives-trader-school-isbn-9781118967454","title":"FX Derivatives Trader School","description":"\u003cp\u003e\u003cb\u003eAn essential guide to real-world derivatives trading\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFX Derivatives Trader School\u003c\/i\u003e is the definitive guide to the technical and practical knowledge required for successful foreign exchange derivatives trading. Accessible in style and comprehensive in coverage, the book guides the reader through both basic and advanced derivative pricing and risk management topics.\u003c\/p\u003e \u003cp\u003eThe basics of financial markets and trading are covered, plus practical derivatives mathematics is introduced with reference to real-world trading and risk management. Derivative contracts are covered in detail from a trader's perspective using risk profiles and pricing under different derivative models. Analysis is approached generically to enable new products to be understood by breaking the risk into fundamental building blocks. To assist with learning, the book also contains Excel practicals which will deepen understanding and help build useful skills.\u003c\/p\u003e \u003cp\u003eThe book covers of a wide variety of topics, including:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDerivative exposures within risk management\u003c\/li\u003e \u003cli\u003eVolatility surface construction\u003c\/li\u003e \u003cli\u003eImplied volatility and correlation risk\u003c\/li\u003e \u003cli\u003ePractical tips for students on trading internships and junior traders\u003c\/li\u003e \u003cli\u003eMarket analysis techniques\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFX derivatives trading requires mathematical aptitude, risk management skill, and the ability to work quickly and accurately under pressure. There is a tremendous gap between option pricing formulas and the knowledge required to be a successful derivatives trader. \u003ci\u003eFX Derivatives Trader School\u003c\/i\u003e is unique in bridging that gap.\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I The Basics 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Introduction to Foreign Exchange 3\u003c\/p\u003e \u003cp\u003eChapter 2 Introduction to FX Derivatives 11\u003c\/p\u003e \u003cp\u003eChapter 3 Introduction to Trading 19\u003c\/p\u003e \u003cp\u003ePractical A Building a Trading Simulator in Excel 27\u003c\/p\u003e \u003cp\u003eChapter 4 FX Derivatives Market Structure 39\u003c\/p\u003e \u003cp\u003eChapter 5 The Black-Scholes Framework 57\u003c\/p\u003e \u003cp\u003ePractical B Building a Numerical Integration Option Pricer in Excel 69\u003c\/p\u003e \u003cp\u003eChapter 6 Vanilla FX Derivatives Greeks 77\u003c\/p\u003e \u003cp\u003ePractical C Building a Black-Scholes Option Pricer in Excel 91\u003c\/p\u003e \u003cp\u003eChapter 7 Vanilla FX Derivatives Pricing 103\u003c\/p\u003e \u003cp\u003eChapter 8 Vanilla FX Derivatives Structures 121\u003c\/p\u003e \u003cp\u003eChapter 9 Vanilla FX Derivatives Risk Management 137\u003c\/p\u003e \u003cp\u003eChapter 10 Vanilla FX Derivatives Miscellaneous Topics 159\u003c\/p\u003e \u003cp\u003ePractical D Generating Tenor Dates in Excel 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II The Volatility Surface 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 ATM Curve Construction 171\u003c\/p\u003e \u003cp\u003ePractical E Constructing an ATM Curve in Excel 193\u003c\/p\u003e \u003cp\u003eChapter 12 Volatility Smile Market Instruments and Exposures 205\u003c\/p\u003e \u003cp\u003ePractical F Constructing a Volatility Smile in Excel 233\u003c\/p\u003e \u003cp\u003eChapter 13 Probability Density Functions 241\u003c\/p\u003e \u003cp\u003ePractical G Generating a Probability Density Function from Option Prices in Excel 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Vanilla FX Derivatives Trading 261\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 14 Vanilla FX Derivatives Trading Exposures 263\u003c\/p\u003e \u003cp\u003eChapter 15 Vanilla FX Derivatives Trading Topics 293\u003c\/p\u003e \u003cp\u003eChapter 16 ATM Volatility and Correlation 313\u003c\/p\u003e \u003cp\u003eChapter 17 FX Derivatives Market Analysis 323\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV Exotic FX Derivatives 355\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 18 Exotic FX Derivatives Pricing 357\u003c\/p\u003e \u003cp\u003eChapter 19 FX Derivatives Pricing Models 375\u003c\/p\u003e \u003cp\u003eChapter 20 Exotic FX Derivatives Product Classification 387\u003c\/p\u003e \u003cp\u003eChapter 21 European Digital Options 399\u003c\/p\u003e \u003cp\u003eChapter 22 European Barrier Options 413\u003c\/p\u003e \u003cp\u003eChapter 23 Touch Options 423\u003c\/p\u003e \u003cp\u003eChapter 24 American Barrier Options 439\u003c\/p\u003e \u003cp\u003eChapter 25 Exotic FX Derivatives Trading Topics 461\u003c\/p\u003e \u003cp\u003eChapter 26 Window Barrier and Discrete Barrier Options 473\u003c\/p\u003e \u003cp\u003ePractical H Building a Monte Carlo Option Pricer in Excel 485\u003c\/p\u003e \u003cp\u003eChapter 27 Vanilla Variations 497\u003c\/p\u003e \u003cp\u003eChapter 28 Accrual and Target Redemption Options 515\u003c\/p\u003e \u003cp\u003eChapter 29 Asian Options 527\u003c\/p\u003e \u003cp\u003eChapter 30 Multi-Asset Options 539\u003c\/p\u003e \u003cp\u003eChapter 31 Miscellaneous Options 555\u003c\/p\u003e \u003cp\u003eFurther Reading 573\u003c\/p\u003e \u003cp\u003eAbout the Companion Website 575\u003c\/p\u003e \u003cp\u003eIndex 577 \u003c\/p\u003e   \u003cp\u003e\u003cb\u003eGILES JEWITT \u003c\/b\u003eis the Head of FXO Automated Trading and eRisk for HSBC in London. He has worked on trading desks in London and Hong Kong for over a decade, pricing and risk managing the full range of FX Derivatives products.     \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHE ESSENTIAL GUIDE TO FX DERIVATIVES TRADING\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eSuccessful traders have a combination of mathematical aptitude, the ability to work quickly and accurately under pressure, and keen risk management skills. Derivatives traders also need to understand the framework in which they are operating. \u003ci\u003eFX Derivatives Trader School \u003c\/i\u003eoffers FX derivatives traders at all levels of expertise a hands-on guide to the technical skills and practical knowledge required in order to thrive in this dynamic environment. \u003c\/p\u003e\u003cp\u003eThe text starts by explaining simple FX derivatives products and gradually increases the complexity through standard exotic products right through to advanced multi-asset and volatility-based products. There are also Excel practicals which implement ideas from the text, hence building vital real-world skills. \u003c\/p\u003e\u003cp\u003eOffering something for everyone from students to novice traders to experienced professionals, \u003ci\u003eFX Derivatives Trader School\u003c\/i\u003e is certain to become a common sight on trading floors everywhere.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989268775141,"sku":"NP9781118967454","price":100.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118967454.jpg?v=1761783452","url":"https:\/\/k12savings.com\/es\/products\/fx-derivatives-trader-school-isbn-9781118967454","provider":"K12savings","version":"1.0","type":"link"}