{"product_id":"fx-options-and-structured-products-isbn-9780470011454","title":"FX Options and Structured Products","description":"There has been an explosive growth in the number of corporates, investors and financial institutions turning to structured products to achieve cost savings, risk controls and yield enhancements. However, the exact nature, risks and applications of these products and solutions can be complex, and problems arise if the fundamental building blocks and principles are not fully understood. This book explains the most popular products and strategies with a focus on everything beyond vanilla options, dealing with these products in a literate yet accessible manner, giving practical applications and case studies.  \u003cp\u003eA special emphasis on how the client uses the products, with interviews and descriptions of real-life deals means that it will be possible to see how the products are applied in day-to-day situations – the theory is translated into practice.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eNote:\u003c\/b\u003e CD-ROM\/DVD and other supplementary materials are not included as part of eBook file.\u003c\/p\u003e  \u003cb\u003ePreface.\u003c\/b\u003e  \u003cp\u003eScope of this Book.\u003c\/p\u003e \u003cp\u003eThe Readership.\u003c\/p\u003e \u003cp\u003eAbout the Author.\u003c\/p\u003e \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Foreign Exchange Options.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 A Journey through the History Of Options.\u003c\/p\u003e \u003cp\u003e1.2 Technical Issues for Vanilla Options.\u003c\/p\u003e \u003cp\u003e1.3 Volatility.\u003c\/p\u003e \u003cp\u003e1.4 Basic Strategies containing Vanilla Options.\u003c\/p\u003e \u003cp\u003e1.5 First Generation Exotics.\u003c\/p\u003e \u003cp\u003e1.6 Second Generation Exotics.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Structured Products.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Forward Products.\u003c\/p\u003e \u003cp\u003e2.2 Series of Strategies.\u003c\/p\u003e \u003cp\u003e2.3 Deposits and Loans.\u003c\/p\u003e \u003cp\u003e2.4 Interest Rate and Cross Currency Swaps.\u003c\/p\u003e \u003cp\u003e2.5 Participation Notes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Practical Matters.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 The Traders’ Rule of Thumb.\u003c\/p\u003e \u003cp\u003e3.2 Bid–Ask Spreads.\u003c\/p\u003e \u003cp\u003e3.3 Settlement.\u003c\/p\u003e \u003cp\u003e3.4 On the Cost of Delayed Fixing Announcements.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Hedge Accounting under IAS 39.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Introduction.\u003c\/p\u003e \u003cp\u003e4.2 Financial Instruments.\u003c\/p\u003e \u003cp\u003e4.3 Evaluation of Financial Instruments.\u003c\/p\u003e \u003cp\u003e4.4 Hedge Accounting.\u003c\/p\u003e \u003cp\u003e4.5 Methods for Testing Hedge Effectiveness.\u003c\/p\u003e \u003cp\u003e4.6 Testing for Effectiveness - A Case Study of the Forward Plus.\u003c\/p\u003e \u003cp\u003e4.7 Conclusion.\u003c\/p\u003e \u003cp\u003e4.8 Relevant Original Sources for Accounting Standards.\u003c\/p\u003e \u003cp\u003e4.9 Exercises.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Foreign Exchange Markets.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 A Tour through the Market.\u003c\/p\u003e \u003cp\u003e5.2 Software and System Requirements.\u003c\/p\u003e \u003cp\u003e5.3 Trading and Sales.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eBibliography.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e  \u003cb\u003eUWE WYSTUP\u003c\/b\u003e is CEO of www.mathfinance.com, a global network of quants specializing in modeling and implementing Foreign Exchange Exotics.\u003cbr\u003e He has been working as Financial Engineer, Structurer and Consultant in FX Options Trading Teams of Citibank, UBS, Sal. Oppenheim and Commerzbank since 1992 and became an internationally known FX Options expert in both Academia and Practice.\u003cbr\u003e Uwe holds a PhD in mathematical finance from Carnegie Mellon University and has been appointed a professor of Quantitative Finance at HfB-Business School of Finance and Management in Frankfurt, where he is in charge of the Master Program in Quantitative Finance.\u003cbr\u003e His first book \u003ci\u003eForeign Exchange Risk\u003c\/i\u003e co-edited with Jürgen Hakala published in 2002\u003ci\u003e,\u003c\/i\u003e he has also published articles in \u003ci\u003eFinance and Stochastics\u003c\/i\u003e, the \u003ci\u003eJournal of Derivatives\u003c\/i\u003e and \u003ci\u003eThe MathFinance Newsletter\u003c\/i\u003e.  \"An excellent reference for the most widely used options and option strategies. It gives a great overview of the products and goes further for those who are interested in the quant side. All sales, structurers and traders should have a copy on their desk.\"\u003cbr\u003e —\u003cb\u003eTamás Korchmáros\u003c\/b\u003e, Credit Suisse Structured FX \u0026amp; Treasury Products  In recent times there has been an explosive growth in the number of corporates, investors and financial institutions turning to structured products to achieve cost savings, risk controls and yield enhancements. However, the exact nature, risks and applications of these products and solutions can be complex, and problems arise if the fundamental building blocks and principles are not fully understood.  \u003cp\u003e\u003ci\u003eFX Options and Structured Products\u003c\/i\u003e explains the most popular products and strategies with a focus on everything beyond vanilla options, dealing with these products in a literate yet accessible manner, giving practical applications and case studies. Everything from quotation conventions, seagulls, shark forwards, bid-ask spreads, settlement, fixings, hedging accumulators, unwinding FX-linked swaps and deposits, pricing first generation exotics using the traders’ rule of thumb.\u003c\/p\u003e \u003cp\u003eThis book has a special emphasis on how the client uses the products, with interviews and descriptions of real-life deals means that it will be possible to see how the products are applied in day-to-day situations – the theory is translated into practice.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eQuants and Traders learn the structuring view and client perspective\u003c\/li\u003e \u003cli\u003eStructurers and Sales learn the quantitative fundamentals\u003c\/li\u003e \u003cli\u003eNewcomers learn the products and the FX particularities and jargon\u003c\/li\u003e \u003cli\u003eAccounting of Structured Products concisely covered\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eReal life exercises and examples throughout.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989268938981,"sku":"NP9780470011454","price":136.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470011454.jpg?v=1761783454","url":"https:\/\/k12savings.com\/products\/fx-options-and-structured-products-isbn-9780470011454","provider":"K12savings","version":"1.0","type":"link"}