Structured Products: A Complete Toolkit to Face Changing Financial Markets

Over the past decade, structured products have become part of the financial mainstream. The area is characterized by rapid market expansion and product innovation as the acceptance and use of derivative structures has become more widespread.
This book takes a practical approach to the principal structured products which have been appearing in financial markets during the past few years. The investor will find in this work answers to questions which could arise in investment dealings, and how to maximize the potential for profitability.
An excellent reference source for the institutional investor, this book will assist in the understanding of this area, showing that it is not necessarily as complex as it may initially seem.

Spis treści:
Foreword
General introduction
PART I BASIC ASPECTS OF STRUCTURED PRODUCTS
Structured products
Instrument valuation and risk measurement
PART II EQUITY STRUCTURES
Warrants
Equity deposit
Asian deposit
Straddle with knockout deposit
Digital ranges
Reverse convertible
Ladder bond
Basket bond
Spread bond
Best–of bond
PART III FIXED INCOME STRUCTURES
Floating rate note
Reverse floating rate note
Collared floating rate note
Digital ranges (corridor notes)
Step–up callable
Reset note
Participating swap
Performance swap
Step–up triggered cap
Constant maturity bond
Appendix A: Ten golden rules.
Appendix B: Characters from the buyer′s viewpoint
Bibliography
Index

Nota biograficzna:
ROBERTO KNOP is deputy manager of market risk at Banco Santander Central Hispano where he is responsible for the methodology and quantitative team. He has over ten years experience of derivatives pricing, market risk measurement and also has considerable experience of training others in derivatives pricing and market risk.

Okładka tylna:
Over the past decade, structured products have beco me part of the financial mainstream. The area is characterized by rapid market expansion and product innovation as the acceptance and use of derivative structures has become more widespread.
This book takes a practical approach to the principal structured products which have been appearing in financial markets during the past few years. The investor will find in this work answers to questions which could arise in investment dealings, and how to maximize the potential for profitability.
An excellent reference source for the institutional investor, this book will assist in the understanding of this area, showing that it is not necessarily as complex as it may initially seem.