For undergraduate and graduate courses in derivatives, options and futures, financial engineering, financial mathematics, and risk management. Bridge the gap between theory and practice. This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside the United States. Designed to bridge the gap between theory and practice, this introductory text on the futures and options markets is ideal for those with a limited background in mathematics. The eighth edition has been updated and improved featuring a new chapter on securitization and the credit crisis, and increased discussion on the way commodity prices are modeled and commodity derivatives valued.

Das internationale fuhrende Standardwerk richtet sich an Studenten und Graduierte der Betriebswirtschaft und Volkswirtschaft. Auch fur viele Praktiker, die anwendbare Kenntnisse uber Futures- und Optionsmarkte erlangen wollen, ist das Werk von grossem Nutzen."