Financial-future

Our course has bought this book for us, but I can't understant why they chose this book. It's too simple and the explanations of each topic is undetailed. It's not recommended to beginners because its illustration is not clear enough and its explanation is inadequate, it's also unsuitable for advanced because it's too simple. All my classmates agree with me.

The book is aimed at university students with many worked examples, graphs and end of chapter questions. Redhead's previous works follow this structure. This is useful when you are entering fresh into the area and do not want to be overwhelmed with models or more cutting edge "state of the market" diatribes.

I find the book to be logical, well laid out and progressive. Not the most sophisticated work out there but for the non-trader, non-CFO, it works its charms.

This is a great handbook for a non specialized audience who want to go further with derivatives instruments. Enter the magic world of swaps, options and even swaptions !

This is a quick and easy guide to understanding derivatives. Excellent as a brief reference quide. Would recommend to professionals working with these products.

Just entering the business from a EE background so I am reading this book to get down terminology and concepts before reading John C. Hull. At first "selling short" sounded like something shady.

This book is written in a friendly, interesting style.

Requires some math background (high school algebra) and basic knowledge of statistics (Gaussian distribution).
I have been verifying all calculations. For the asking, I have written some programs to automate interest rate calculations and Black-Scholes (...).

Next I'll write a program to do the work of 100000 stockbrokers in finding and executing arbitrage/reverse arbitrage opportunities.

An easy to understand text that establishes the fundamentals of financial derivatives such as futures, options, and swaps with an emphasis on risk management. Great for business students.