Structured Equity Derivatives

Beschreibung

"It has been said that in theory, theory translates into practice, but in practice it never does. This breakthrough book defies this conventional wisdom in a unique way. It is a must read for anyone interested in structuring derivatives products." -- Dr Peter Carr, Principal, Banc of America Securities "Harry Kat has done a masterful job explaining the world of exotic options and the role that these options play in building structured securities. Dr Kat conveys the essence of these products from the perspective of a very experienced financial engineer but in a fashion that the less experienced reader can easily follow and understand. In this, Dr Kat has shown himself to be a marvellous teacher. I'm confident that this book will prove to be one of the classics to be read by future generations of financial engineers." -- John F. Marshall, Principal, Marshall, Tucker & Associates, and Founding Executive Director, International Association of Financial Engineers "This is a refreshingly new and different book about putting together structured equity products. It is not a book about deriving formulas but a book about applying formulas. The emphasis on hedging costs and alternative ways of reducing those costs by modifying the structure will be appreciated both by those who actually manufacture and sell these products and those who buy them." -- Don Chance, First Union Professor, Virginia Tech "This book is about applications, about solving real business problems with derivatives.... Contrary to many other books in the field, the approach is managerial rather than abstractly mathematical, aimed at practitioners instead of applied mathematicians. Professor Kat's book contains all the mathematics required. However, the mathematical aspects play a purely supportive role, not the starring role. Bravo!" -- Anthony F. Herbst, University of Texas at El Paso, Founding Editor, The Journal of Financial Engineering "It is certainly a unique book, much more useful that most new books on derivatives. In a nutshell, this book is very creatively done and a great resource for professionals." -- Mark Rubinstein, Paul Stephens Professor of Applied Investment Analysis, University of California at Berkeley
Viele Bücher zu diesem Thema behandeln meist nur die theoretische Seite der Preisgestaltung und Absicherung von derivativen Finanzinstrumenten. Dieses Buch ist anders: Es widmet sich der Strukturierung von Derivaten und ihren Anwendungen in der Praxis. Dabei geht der Autor von einem flexiblen Ansatz aus, bei dem der Schwerpunkt verstärkt auf der "Finanzarchitektur" liegt und weniger auf der "Finanztechnik". "Structured Equity Derivatives" ist ein maßgeblicher Leitfaden für den Umgang mit exotischen Optionen und strukturierten kurz- und mittelfristigen Schuldtiteln - ein praktischer Wegweiser für die Problemlösung in der Praxis.

Autor*in

Harry M. Kat

Themen in »Structured Equity Derivatives«

Derivat (Wertpapier) Finance & Investments Finance & Investments Special Topics Finanz- u. Anlagewesen Spezialthemen Finanz- u. Anlagewesen

Stimmen zu »Structured Equity Derivatives«

"...there is no question that many industry participants will learn from and enjoy reading his book." (Risk, March 2002)
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"...there is no question that many industry participants will learn from and enjoy reading his book." (Risk, March 2002)
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