Recent well-publicized losses on the derivatives markets have highlighted the need for a much closer understanding of the price risk involved, not just among the specialists but at all levels within financial institutions and end-user companies. This text sets out a clear, logical approach to the measurement of price risk positions using the techniques of factor sensitivity analysis and value at risk, illustrated with straightforward numerical examples. It should be a useful guide to a key area of risk management.
- ISBN13 9781861520067
- Publish Date 15 June 1996
- Publish Status Out of Print
- Out of Print 24 November 2004
- Publish Country GB
- Imprint Cengage Learning EMEA
- Edition New edition
- Format Hardcover
- Pages 224
- Language English