Books in General financial markets

41-49 of 49 results in All results

Forecasting Volatility in the Financial Markets

• 2nd Edition
• August 22, 2002
• Stephen Satchell + 1 more
• English
• eBook 978-0-08-049497-5

  9 7 8 - 0 - 0 8 - 0 4 9 4 9 7 - 5

'Forecasting Volatility in the Financial Markets' assumes that the reader has a firm grounding in the key principles and methods of understanding volatility measurement and builds on that knowledge to detail cutting edge modelling and forecasting techniques. It then uses a technical survey to explain the different ways to measure risk and define the different models of volatility and return.The editors have brought together a set of contributors that give the reader a firm grounding in relevant theory and research and an insight into the cutting edge techniques applied in this field of the financial markets.This book is of particular relevance to anyone who wants to understand dynamic areas of the financial markets.* Traders will profit by learning to arbitrage opportunities and modify their strategies to account for volatility.* Investment managers will be able to enhance their asset allocation strategies with an improved understanding of likely risks and returns.* Risk managers will understand how to improve their measurement systems and forecasts, enhancing their risk management models and controls.* Derivative specialists will gain an in-depth understanding of volatility that they can use to improve their pricing models.* Students and academics will find the collection of papers an invaluable overview of this field.

Advances in Investment Analysis and Portfolio Management

• 1st Edition
• Volume 9
• July 12, 2002
• Cheng-Few Lee
• English
• Hardback 978-0-7623-0887-3

  9 7 8 - 0 - 7 6 2 3 - 0 8 8 7 - 3
• eBook 978-0-08-054505-9

  9 7 8 - 0 - 0 8 - 0 5 4 5 0 5 - 9

Twelve papers focus on investment analysis, portfolio theory, and their implementation in portfolio management

Advanced Trading Rules

• 2nd Edition
• May 23, 2002
• Emmanual Acar + 1 more
• English
• eBook 978-0-08-049343-5

  9 7 8 - 0 - 0 8 - 0 4 9 3 4 3 - 5

Advanced Trading Rules is the essential guide to state of the art techniques currently used by the very best financial traders, analysts and fund managers. The editors have brought together the world's leading professional and academic experts to explain how to understand, develop and apply cutting edge trading rules and systems. It is indispensable reading if you are involved in the derivatives, fixed income, foreign exchange and equities markets. Advanced Trading Rules demonstrates how to apply econometrics, computer modelling, technical and quantitative analysis to generate superior returns, showing how you can stay ahead of the curve by finding out why certain methods succeed or fail. Profit from this book by understanding how to use: stochastic properties of trading strategies; technical indicators; neural networks; genetic algorithms; quantitative techniques; charts. Financial markets professionals will discover a wealth of applicable ideas and methods to help them to improve their performance and profits. Students and academics working in this area will also benefit from the rigorous and theoretically sound analysis of this dynamic and exciting area of finance.

Economics for Financial Markets

• 1st Edition
• November 23, 2001
• Brian Kettell
• English
• eBook 978-0-08-049463-0

  9 7 8 - 0 - 0 8 - 0 4 9 4 6 3 - 0

Successful trading, speculating or simply making informed decisions about financial markets means it is essential to have a firm grasp of economics. Financial market behaviour revolves around economic concepts, however the majority of economic textbooks do not tell the full story.To fully understand the behaviour of financial markets it is essential to have a model that enables new information to be absorbed and analysed with some predictive implications. That model is provided by the business cycle. 'Economics for Financial Markets' takes the reader from the basics of financial market valuation to a more sophisticated understanding of the actions that traders take which ultimately drives the volatility in the financial markets. The author shows traders, investment managers, risk managers and finance professionals how to distil the flow of information and show what needs to be concentrated on, covering topics such as:* Why are financial markets subject to economic fashions?* How has the New Economy changed financial market behaviour? * Does the creation of the euro fundamentally change the behaviour of the currency markets?

Managing Downside Risk in Financial Markets

• 1st Edition
• September 20, 2001
• Frank A. Sortino + 1 more
• English
• eBook 978-0-08-049620-7

  9 7 8 - 0 - 0 8 - 0 4 9 6 2 0 - 7

Quantitative methods have revolutionized the area of trading, regulation, risk management, portfolio construction, asset pricing and treasury activities, and governmental activity such as central banking to name but some of the applications. Downside-risk, as a quantitative method, is an accurate measurement of investment risk, because it captures the risk of not accomplishing the investor's goal.'Downside Risk in Financial Markets' demonstrates how downside-risk can produce better results in performance measurement and asset allocation than variance modelling. Theory, as well as the practical issues involved in its implementation, is covered and the arguments put forward emphatically show the superiority of downside risk models to variance models in terms of risk measurement and decision making. Variance considers all uncertainty to be risky. Downside-risk only considers returns below that needed to accomplish the investor's goal, to be risky.Risk is one of the biggest issues facing the financial markets today. 'Downside Risk in Financial Markets' outlines the major issues for Investment Managers and focuses on "downside-risk" as a key activity in managing risk in investment/portfolio management. Managing risk is now THE paramount topic within the financial sector and recurring losses through the 1990s has shocked financial institutions into placing much greater emphasis on risk management and control.Free Software Enclosed To help you implement the knowledge you will gain from reading this book, a CD is enclosed that contains free software programs that were previously only available to institutional investors under special licensing agreement to The pension Research Institute. This is our contribution to the advancement of professionalism in portfolio management.The Forsey-Sortino model is an executable program that:1. Runs on any PC without the need of any additional software.2. Uses the bootstrap procedure developed by Dr. Bradley Effron at Stanford University to uncover what could have happened, instead of relying only on what did happen in the past. This is the best procedure we know of for describing the nature of uncertainty in financial markets. 3. Fits a three parameter lognormal distribution to the bootstrapped data to allow downside risk to be calculated from a continuous distribution. This improves the efficacy of the downside risk estimates.4. Calculates upside potential and downside risk from monthly returns on any portfolio manager. 5. Calculates upside potential and downside risk from any user defined distribution.Forsey-Sortino Source Code:1. The source code, written in Visual Basic 5.0, is provided for institutional investors who want to add these calculations to their existing financial services. 2. No royalties are required for this source code, providing institutions inform clients of the source of these calculations. A growing number of services are now calculating downside risk in a manner that we are not comfortable with. Therefore, we want investors to know when downside risk and upside potential are calculated in accordance with the methodology described in this book. Riddles Spreadsheet:1. Neil Riddles, former Senior Vice President and Director of Performance Analysis at Templeton Global Advisors, now COO at Hansberger Global Advisors Inc., offers a free spreadsheet in excel format.2. The spreadsheet calculates downside risk and upside potential relative to the returns on an index

Bond and Money Markets: Strategy, Trading, Analysis

• 1st Edition
• May 3, 2001
• Moorad Choudhry
• English
• Hardback 978-0-7506-4677-2

  9 7 8 - 0 - 7 5 0 6 - 4 6 7 7 - 2
• eBook 978-0-08-047618-6

  9 7 8 - 0 - 0 8 - 0 4 7 6 1 8 - 6

Bond and Money Markets: Strategy, Trading, Analysis explains and analyses all aspects of the bond and money markets and is both an introduction for newcomers and an advanced text for experienced market practitioners and graduate students. Those with experience of the industry at all levels will find the book invaluable as a standard reference work.The book features coverage of: Government and Corporate bonds, Eurobonds, callable bonds, convertibles Asset-backed bonds including mortgages and CDOs Derivative instruments including bond futures, swaps, options, structured products, and option valuation models Interest-rate risk, duration analysis, convexity, and the convexity bias The money markets, repo markets, basis trading, and asset / liability management Term structure models, estimating and interpreting the yield curve Portfolio management, including total return framework, portfolio strategies, and constructing bond indices and valuable insight into: Trading and hedging strategy Charting and technical analysis The latest market developments, such as value-at-risk, and credit derivatives Emerging markets and the benefits of international investment The Bond and Money Markets: Strategy, Trading, Analysis is aimed at a wide readership including bond salespersons, traders, corporate financiers and graduate trainees, as well as risk managers, operations professionals and business analysts. Other market participants including fund managers, corporate treasurers, management consultants, regulators and financial journalists will also find the content useful.

An Introduction to High-Frequency Finance

• 1st Edition
• April 30, 2001
• Ramazan Gençay + 4 more
• English
• Hardback 978-0-12-279671-5

  9 7 8 - 0 - 1 2 - 2 7 9 6 7 1 - 5
• eBook 978-0-08-049904-8

  9 7 8 - 0 - 0 8 - 0 4 9 9 0 4 - 8

Liquid markets generate hundreds or thousands of ticks (the minimum change in price a security can have, either up or down) every business day. Data vendors such as Reuters transmit more than 275,000 prices per day for foreign exchange spot rates alone. Thus, high-frequency data can be a fundamental object of study, as traders make decisions by observing high-frequency or tick-by-tick data. Yet most studies published in financial literature deal with low frequency, regularly spaced data. For a variety of reasons, high-frequency data are becoming a way for understanding market microstructure. This book discusses the best mathematical models and tools for dealing with such vast amounts of data.This book provides a framework for the analysis, modeling, and inference of high frequency financial time series. With particular emphasis on foreign exchange markets, as well as currency, interest rate, and bond futures markets, this unified view of high frequency time series methods investigates the price formation process and concludes by reviewing techniques for constructing systematic trading models for financial assets.

Property Futures and Securitisation - the Way Ahead

• 1st Edition
• September 30, 1995
• Julian Roche
• English
• eBook 978-1-84569-912-3

  9 7 8 - 1 - 8 4 5 6 9 - 9 1 2 - 3

This book provides an analysis of the attempts in both US and UK to chase the 'Holy Grail' of liquid property; the buying and selling of small manageable chunks of property and creating a market like those for shares, gilts and derivatives. This is the first book to explore liquid property from an insiders point-of-view, with coverage of all the issues and problems. A practical insight is provided into the techniques which could be employed to create liquidity in the property market, and the benefits that would result from such a phenomenon. This book will be of interest to members of the institutional investment world, chartered surveyors, property professionals and the financial advisory community.

French Financial Markets

• 1st Edition
• February 28, 1995
• Gilbert Durieux + 2 more
• English
• eBook 978-1-84569-277-3

  9 7 8 - 1 - 8 4 5 6 9 - 2 7 7 - 3

The author's have provided a clear vision of the French financial sector, which is often underestimated by the international community. The rate of change has been significant, with the size of Paris as a financial centre growing significantly faster than New York, Frankfurt, and even London and Tokyo. The modernisation that has been undertaken, which is responsible for this growth, has affected all aspects of the French financial markets; particularly, the status of the players and the institutional regime, and also the financial instruments and back-office tools. This book is essential reading for anyone dealing with this increasingly important European financial centre.