Derivatives Demystified: A Step-by-Step Guide to Forwards, Futures, Swaps and Options (The Wiley Finance Series)

The book is a step-by-step guide to derivative products. By distilling the complex mathematics and theory that underlie the subject, Chisholm explains derivative products in straightforward terms, focusing on applications and intuitive explanations wherever possible. Case studies and examples of how the products are used to solve real-world problems, as well as an extensive glossary and material on the latest derivative products make this book a must have for anyone working with derivative products. Great intro to derivatives. Easy to follow explanations and cases mean this is a must read for anyone new to derivatives. Was able to read this on the go in just a few weeks, it's only 250 pages. Definitely useful info for hedging against volatility. I only wish I had picked it up earlier. This book is a step-by-step guide to derivative products. It features case studies and examples of how the products are used to solve real-world problems, as well as an extensive glossary and material on the latest derivative products A derivative is an asset whose value is derived from the value of some other asset, known as the underlying.