Download or read book The Professional Risk Managers Guide to Financial Markets written by Professional Risk Managers' International Association (PRMIA) and published by McGraw Hill Professional. This book was released on 2007-12-21 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order for risk managers to succeed in today's complex financial landscape, they need a solid understanding of the world's major financial markets, the roles these markets play in the international arena, the risk strategies for each, and the new crop of financial instruments that involve multiple markets. The Professional Risk Managers' Guide to Financial Markets examines how financial risk management takes place in the world's major financial markets. Featuring contributions by financial leaders from around the world, this unique reference helps you to protect investments as it relates to the specifics of each sector, and takes you step-by-step through pertinent markets, including: Money--securities with governments and corporations; and the repo market for borrowing or lending on a secured basis Bond--government, agency, corporate, and municipal bonds; bond markets in major countries; and international bond markets Foreign Exchange--quotation conventions, brokers, cross rates, theories of exchange rates, central bank policies, forward rates, currency swaps Stock--types, market indices, liquidation, dividends, dividend-based stock valuation; primary and secondary markets, market mechanics, and options on stocks Futures--the main exchange-traded markets, options, specifications of contracts, the use of futures for hedging, market-to-market procedures, expiration conventions, and market participants Commodities--the spot market; commodity forwards; futures; delivery and settlement; price term structure; short squeezes; and regulations

Download or read book The Professional Risk Managers Guide to Financial Instruments written by Professional Risk Managers' International Association (PRMIA) and published by McGraw Hill Professional. This book was released on 2007-12-21 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Techniques for pricing, hedging and trading The Professional Risk Managers' Guide to Financial Instruments will show you how manage the risk of the complex instruments offered to investors. Sponsored by PRMIA and edited by risk management experts Carol Alexander and Elizabeth Sheedy, this authoritative resource features contributions from eleven global experts who explore the major financial instruments, the valuation methods most appropriate for each, and strategies for assessing the associated market risks. The Professional Risk Managers' Guide to Financial Instruments offers step-by-step guidance in: The main types of bonds Futures and forward contracts Caps, floors, and interest rate options Swaps and swaptions Convertible bonds and other hybrid instruments Options, including exotic and path dependent pay-offs Using instruments for hedging and speculation

Download or read book The Professional Risk Managers Guide to Financial Markets written by Professional Risk Managers International Association (PRMIA) and published by Mcgraw-hill. This book was released on 2007-12-21 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order for risk managers to succeed in todays complex financial landscape, they need a solid understanding of the worlds major financial markets, the roles these markets play in the international arena, the risk strategies for each, and the new crop of financial instruments that involve multiple markets. The Professional Risk Managers Guide to Financial Markets examines how financial risk management takes place in the worlds major financial markets. Featuring contributions by financial leaders from around the world, this unique reference helps you to protect investments as it relates to the specifics of each sector, and takes you step-by-step through pertinent markets, including: Money--securities with governments and corporations; and the repo market for borrowing or lending on a secured basis Bond--government, agency, corporate, and municipal bonds; bond markets in major countries; and international bond markets Foreign Exchange--quotation conventions, brokers, cross rates, theories of exchange rates, central bank policies, forward rates, currency swaps Stock--types, market indices, liquidation, dividends, dividend-based stock valuation; primary and secondary markets, market mechanics, and options on stocks Futures--the main exchange-traded markets, options, specifications of contracts, the use of futures for hedging, market-to-market procedures, expiration conventions, and market participants Commodities--the spot market; commodity forwards; futures; delivery and settlement; price term structure; short squeezes; and regulations

Download or read book The Professional Risk Managers Guide to Finance Theory and Application written by Professional Risk Managers' International Association (PRMIA) and published by McGraw Hill Professional. This book was released on 2007-12-21 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive reference brings together ten of the world's leading scholars and practitioners, who provide invaluable perspectives on all aspects of finance theory and how they are applied to the process of risk management. The book begins with an overview of risk and risk aversion, introducing utility functions and the mean-variance criterion. It then delivers a thorough introduction to portfolio mathematics, including discussion of the efficient frontier, portfolio theory, and portfolio diversification. Written to help you fortify your defenses against extreme, unanticipated outcomes, and to ensure that returns are an adequate reward for risks taken, The Professional Risk Managers' Guide to Finance Theory and Application covers key issues such as: The theory of capital allocation Capital structure, that is, debt versus equity financing The CAPM and multifactor models Interest rate models The term structure of interest rates No-arbitrage pricing of futures and forwards Risk-neutral valuation of options Offering a global view not found elsewhere, The Professional Risk Managers' Guide to Finance Theory and Application arms institutional investors, professional financial analysts and traders, auditors, corporate treasurers, regulators and actuaries with the practical tools to master any financial field.

Download or read book The Professional Risk Managers Guide to Financial Instruments written by Professional Risk Managers International Association (PRMIA) and published by Mcgraw-hill. This book was released on 2007-12-21 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Techniques for pricing, hedging and trading The Professional Risk Managers Guide to Financial Instruments will show you how manage the risk of the complex instruments offered to investors. Sponsored by PRMIA and edited by risk management experts Carol Alexander and Elizabeth Sheedy, this authoritative resource features contributions from eleven global experts who explore the major financial instruments, the valuation methods most appropriate for each, and strategies for assessing the associated market risks. The Professional Risk Managers Guide to Financial Instruments offers step-by-step guidance in: The main types of bonds Futures and forward contracts Caps, floors, and interest rate options Swaps and swaptions Convertible bonds and other hybrid instruments Options, including exotic and path dependent pay-offs Using instruments for hedging and speculation

Download or read book Professional s Handbook of Financial Risk Management written by Lev Borodovsky and published by Elsevier. This book was released on 2000-02-25 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professional's Handbook of Financial Risk Management is a major reference work in finance. A complete practical reference book covering all aspects of financial risk management including an in-depth look at operational risk management, regulation, risk-based capital, and risk adjusted performance measurement. The book focuses on practical financial risk management techniques and solutions, and is designed to guide the risk professional step-by-step through the implementation of a firm-wide risk management framework. This book covers the various roles of the risk management function. Rather than describing every possible role in exhaustive detail, the authors have provided a story line for each of the discussed topics, including practical issues that a risk manager needs to consider when tackling the subject, possible solutions to difficulties that might be encountered, background knowledge that is essential to know, and more intricate practices and techniques that are being used. By providing these fundamentals, the novice risk professional can gain a thorough understanding of the topic in question while the more experienced professional can use some of the more advanced concepts within the book. Thus the book can be used to broaden your own knowledge of the risk world, both by familiarizing yourself with areas in which you lack experience and by enhancing your knowledge in areas that you already have expertise. All authors are leaders in their field who between them have the expertise and knowledge, both practical and theoretical, to produce this definitive risk management guide. The editors of this book, Marc Lore and Lev Borodovsky, are senior financial risk managers at Sanwa Bank (International) London, and Credit Suisse First Boston, USA respectively. They also run The Global Association of Risk Professionals (GARP), the industry association for financial risk management practitioners and researchers. Endorsed by GARP - Global Association of Risk Professionals Authored and edited by leading financial markets risk professionals International in coverage; the concepts and methods covered are not specific to any country or institution, but rather to the risk management profession as a whole

Download or read book The Professional Risk Managers Guide to the Energy Market written by Professional Risk Managers International Association (PRMIA) and published by Mcgraw-hill. This book was released on 2007-12-21 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential resource for all financial professionals affected by energy prices, The Professional Risk Managers’ Guide to the Energy Market presents a complete account of the evolution, tools, scope, and breadth of the energy and environmental financial markets. Sponsored by the PRMIA Institute and edited by renowned analyst Peter Fusaro, the book includes contributions from 20 world experts who discuss every aspect of energy trading and the risks associated with specific investment vehicles and energy sectors. Organized in three parts, The Professional Risk Managers’ Guide to the Energy Market begins with a comprehensive overview of the energy market, goes on to provide an in-depth review of energy risk management tools, and finally delivers detailed coverage of risk management software, energy hedging in Asian markets, trading electricity options, and weather risk management strategies. Designed to improve investment insights and skills, The Professional Risk Managers’ Guide to the Energy Market features timely chapters on: Energy Futures Today The Over-the-Counter Energy Derivatives Market Energy Derivatives Structures The Nordic Electricity Markets Market Risk Measurement and Management for Energy Firms Best Practices in Credit Risk Management for Energy and Commodity Derivatives Natural Gas Trading Risk Management in Energy-Focused Commodity Futures Investing The ISDA Master Agreement Ten Years On, ISDA 2002 Authoritative and comprehensive, The Professional Risk Managers’ Guide to the Energy Market equips risk managers, institutional investors, and financial analysts with all the information, tools, and strategies required to understand and succeed in the fast-changing global energy marketplace.

Download or read book The Professional Risk Managers Guide to the Energy Market written by Professional Risk Managers' International Association (PRMIA) and published by McGraw Hill Professional. This book was released on 2007-12-21 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential resource for all financial professionals affected by energy prices, The Professional Risk Managers’ Guide to the Energy Market presents a complete account of the evolution, tools, scope, and breadth of the energy and environmental financial markets. Sponsored by the PRMIA Institute and edited by renowned analyst Peter Fusaro, the book includes contributions from 20 world experts who discuss every aspect of energy trading and the risks associated with specific investment vehicles and energy sectors. Organized in three parts, The Professional Risk Managers’ Guide to the Energy Market begins with a comprehensive overview of the energy market, goes on to provide an in-depth review of energy risk management tools, and finally delivers detailed coverage of risk management software, energy hedging in Asian markets, trading electricity options, and weather risk management strategies. Designed to improve investment insights and skills, The Professional Risk Managers’ Guide to the Energy Market features timely chapters on: Energy Futures Today The Over-the-Counter Energy Derivatives Market Energy Derivatives Structures The Nordic Electricity Markets Market Risk Measurement and Management for Energy Firms Best Practices in Credit Risk Management for Energy and Commodity Derivatives Natural Gas Trading Risk Management in Energy-Focused Commodity Futures Investing The ISDA Master Agreement Ten Years On, ISDA 2002 Authoritative and comprehensive, The Professional Risk Managers’ Guide to the Energy Market equips risk managers, institutional investors, and financial analysts with all the information, tools, and strategies required to understand and succeed in the fast-changing global energy marketplace.

Download or read book The Professional Risk Managers Handbook Series 1 written by Professional Risk Managers' International Association and published by . This book was released on 2010 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Professional Risk Managers' Guide to Financial Markets examines how financial risk management takes place in the world's major financial markets. Featuring contributions by financial leaders from around the world, this unique reference helps you to protect investments as it relates to the specifics of each sector, and takes you step-by-step through pertinent markets, including:Money--securities with governments and corporations; and the repo market for borrowing or lending on a secured basisBond--government, agency, corporate, and municipal bonds; bond markets in major countries; and international bond marketsForeign Exchange--quotation conventions, brokers, cross rates, theories of exchange rates, central bank policies, forward rates, currency swapsStock--types, market indices, liquidation, dividends, dividend-based stock valuation; primary and secondary markets, market mechanics, and options on stocksFutures--the main exchange-traded markets, options, specifications of contracts, the use of futures for hedging, market-to-market procedures, expiration conventions, and market participantsCommodities--the spot market; commodity forwards; futures; delivery and settlement; price term structure; short squeezes; and regulations

Download or read book The Professional Risk Managers Guide to Finance Theory and Application written by Professional Risk Managers International Association (PRMIA) and published by Mcgraw-hill. This book was released on 2007-12-21 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive reference brings together ten of the worlds leading scholars and practitioners, who provide invaluable perspectives on all aspects of finance theory and how they are applied to the process of risk management. The book begins with an overview of risk and risk aversion, introducing utility functions and the mean-variance criterion. It then delivers a thorough introduction to portfolio mathematics, including discussion of the efficient frontier, portfolio theory, and portfolio diversification. Written to help you fortify your defenses against extreme, unanticipated outcomes, and to ensure that returns are an adequate reward for risks taken, The Professional Risk Managers Guide to Finance Theory and Application covers key issues such as: The theory of capital allocation Capital structure, that is, debt versus equity financing The CAPM and multifactor models Interest rate models The term structure of interest rates No-arbitrage pricing of futures and forwards Risk-neutral valuation of options Offering a global view not found elsewhere, The Professional Risk Managers Guide to Finance Theory and Application arms institutional investors, professional financial analysts and traders, auditors, corporate treasurers, regulators and actuaries with the practical tools to master any financial field.

Download or read book Risk Management and Financial Institutions written by John C. Hull and published by John Wiley & Sons. This book was released on 2015-03-05 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most complete, up to date guide to risk management in finance Risk Management and Financial Institutions explains all aspects of financial risk and financial institution regulation, helping readers better understand the financial markets and potential dangers. This new fourth edition has been updated to reflect the major developments in the industry, including the finalization of Basel III, the fundamental review of the trading book, SEFs, CCPs, and the new rules affecting derivatives markets. There are new chapters on enterprise risk management and scenario analysis. Readers learn the different types of risk, how and where they appear in different types of institutions, and how the regulatory structure of each institution affects risk management practices. Comprehensive ancillary materials include software, practice questions, and all necessary teaching supplements, facilitating more complete understanding and providing an ultimate learning resource. All financial professionals need a thorough background in risk and the interlacing connections between financial institutions to better understand the market, defend against systemic dangers, and perform their jobs. This book provides a complete picture of the risk management industry and practice, with the most up to date information. Understand how risk affects different types of financial institutions Learn the different types of risk and how they are managed Study the most current regulatory issues that deal with risk Risk management is paramount with the dangers inherent in the financial system, and a deep understanding is essential for anyone working in the finance industry; today, risk management is part of everyone's job. For complete information and comprehensive coverage of the latest industry issues and practices, Risk Management and Financial Institutions is an informative, authoritative guide.

Download or read book Financial Risk Manager Handbook written by Philippe Jorion and published by John Wiley & Sons. This book was released on 2003-06-03 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential guide to financial risk management as well as the only way to ace the GARP FRM Exam The Financial Risk Management Exam (FRM Exam) was developed by the Global Association of Risk Professionals (GARP) as a means of establishing an industry standard of minimum professional competence in the field. It is given annually in November for risk professionals who want to earn FRM certification. Authored by renowned financial risk management guru Phillipe Jorion, with the full support of the GARP, this is the definitive guide for those preparing to take the FRM Exam. With the help of questions (and solutions) taken from previous exams, Jorion coaches readers on quantitative methods, capital markets, and market, credit, operational, and risk management concepts and assessment techniques. In addition to being the indispensable guide for those aspiring to FRM certification, Financial Risk Manager Handbook also serves as a valued working reference for risk professionals. Phillipe Jorion, PhD (Irvine, CA), is a Professor of Finance at the Graduate School of Management at UC Irvine. He has also taught at Columbia University, Northwestern University, the University of Chicago, and the University of British Columbia.

Download or read book Applied Asset and Risk Management written by Marcus Schulmerich and published by Springer. This book was released on 2014-10-20 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory they should not? - How do investors deal with such crises in terms of their risk measurement and management and as a consequence, what are the implications for the chosen investment strategies? The book presents and discusses two different approaches to finance and investing, i.e., modern portfolio theory and behavioral finance, and provides an overview of stock market anomalies and historical crashes. It is intended to serve as a comprehensive introduction to asset and risk management for bachelor’s and master’s students in this field as well as for young professionals in the asset management industry. A key part of this book is the exercises to further demonstrate the concepts presented with examples and a step-by-step business case. An Excel file with the calculations and solutions for all 17 examples as well as all business case calculations can be downloaded at extras.springer.com.

Download or read book Financial Risk Manager Handbook written by Philippe Jorion and published by John Wiley & Sons. This book was released on 2007-06-15 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential guide to financial risk management and the only way to get a great overview of the subjects covered in the GARP FRM Exam The Financial Risk Management Exam (FRM Exam) is given by the Global Association of Risk Professionals (GARP) annually in November for risk professionals who want to earn FRM(r) certification. The Financial Risk Manager Handbook, Fourth Edition is the definitive guide for those preparing to take the FRM Exam as well as a valued working reference for risk professionals. Written with the full support of GARP, and containing questions and solutions from previous exams, this book is a valuable resource for professionals responsible for or associated with financial risk management.

Download or read book Financial Risk Management written by Steve L. Allen and published by John Wiley & Sons. This book was released on 2012-12-19 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: A top risk management practitioner addresses the essentialaspects of modern financial risk management In the Second Edition of Financial Risk Management +Website, market risk expert Steve Allen offers an insider'sview of this discipline and covers the strategies, principles, andmeasurement techniques necessary to manage and measure financialrisk. Fully revised to reflect today's dynamic environment and thelessons to be learned from the 2008 global financial crisis, thisreliable resource provides a comprehensive overview of the entirefield of risk management. Allen explores real-world issues such as proper mark-to-marketvaluation of trading positions and determination of needed reservesagainst valuation uncertainty, the structuring of limits to controlrisk taking, and a review of mathematical models and how they cancontribute to risk control. Along the way, he shares valuablelessons that will help to develop an intuitive feel for market riskmeasurement and reporting. Presents key insights on how risks can be isolated, quantified,and managed from a top risk management practitioner Offers up-to-date examples of managing market and creditrisk Provides an overview and comparison of the various derivativeinstruments and their use in risk hedging Companion Website contains supplementary materials that allowyou to continue to learn in a hands-on fashion long after closingthe book Focusing on the management of those risks that can besuccessfully quantified, the Second Edition of FinancialRisk Management + Websiteis the definitive source for managingmarket and credit risk.

Download or read book Financial Risk Manager Handbook written by Philippe Jorion and published by Wiley. This book was released on 2010-12-23 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential reference for financial risk management Filled with in-depth insights and practical advice, the Financial Risk Manager Handbook is the core text for risk management training programs worldwide. Presented in a clear and consistent fashion, this completely updated Sixth Edition, mirrors recent updates to the new two-level Financial Risk Manager (FRM) exam, and is fully supported by GARP as the trusted way to prepare for the rigorous and renowned FRM certification. This valuable new edition includes an exclusive collection of interactive multiple-choice questions from recent FRM exams. Financial Risk Manager Handbook, Sixth Edition supports candidates studying for the Global Association of Risk Professional's (GARP) annual FRM exam and prepares you to assess and control risk in today's rapidly changing financial world. Authored by renowned risk management expert Philippe Jorion, with the full support of GARP, this definitive guide summarizes the core body of knowledge for financial risk managers. Offers valuable insights on managing market, credit, operational, and liquidity risk Examines the importance of structured products, futures, options, and other derivative instruments Contains new material on extreme value theory, techniques in operational risk management, and corporate risk management Financial Risk Manager Handbook is the most comprehensive guide on this subject, and will help you stay current on best practices in this evolving field. The FRM Handbook is the official reference book for GARP's FRM certification program.

Download or read book Quantitative Financial Risk Management written by Michael B. Miller and published by John Wiley & Sons. This book was released on 2018-11-13 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: A mathematical guide to measuring and managing financial risk. Our modern economy depends on financial markets. Yet financial markets continue to grow in size and complexity. As a result, the management of financial risk has never been more important. Quantitative Financial Risk Management introduces students and risk professionals to financial risk management with an emphasis on financial models and mathematical techniques. Each chapter provides numerous sample problems and end of chapter questions. The book provides clear examples of how these models are used in practice and encourages readers to think about the limits and appropriate use of financial models. Topics include: • Value at risk • Stress testing • Credit risk • Liquidity risk • Factor analysis • Expected shortfall • Copulas • Extreme value theory • Risk model backtesting • Bayesian analysis • . . . and much more