A new and updated edition of the most readable, comprehensive text available on derivatives markets.
* Utilizes an even more applied approach than previous editions
* Provides an excellent balance between introductory and advanced topics
* Extensively updated to incorporate and explicate development in the field including the areas of electronic trading platforms, globalization of markets, hedge funds, financial scandals involving derivatives, and government regulation
* Revised to include over 50 text boxes with applied vignettes on topical issues, product profiles, and historical anecdotes