The derivatives market has been the fastest growing area of
financial activity in the past few years. The pace of product
development is fast, with a myriad of new hybrids being developed
every year. This best-selling text is ordered in dictionary format,
taking each financial instrument, market or related concept and
giving an analysis together with diagrams where applicable. It also
includes a comprehensive listing of contracts available on the
major exchanges. Crucially, tax and accounting guidelines are
included, and all appropriate legal documentation, such as the ISDA
master agreement on swaps is reproduced in full.
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