CME Risk Handbook: Products and Applications: 410 (Wiley Finance) - Tapa dura

Reseña del editor

Invaluable insights on trading today's futures market The CME Risk Management Handbook provides an accessible overview of the futures market in today's electronic world of trading. Page by page, it outlines the various CME products currently available and explains how those products can be used to manage risk. Financial professionals around the world will find this book to be a comprehensive reference to the most widely used risk management, trading, and hedging strategies. Editors John Labuszewski and John Nyhoff two of the most highly-regarded names in futures and options research and risk management put this discipline in perspective and offer readers invaluable insights into successfully operating within this environment. Chicago Mercantile Exchange Inc. is an international marketplace that brings together buyers and sellers on its trading floors and GLOBEX(R) around-the-clock electronic trading platform. CME offers futures contracts and options on futures, primarily in four product areas: interest rates, stock indexes, foreign exchange, and commodities. John W. Labuszewski, MBA, is Managing Director of Research & Product Development at CME. John Nyhoff, MBA, is a Director of Financial Research and Development at CME.

Nota de la solapa

Where futures were once regarded as arcane trading vehicles largely utilized by speculators in search of outsized profits, they are now widely regarded and accepted by institutional and retail traders alike as a legitimate and, more so, essential component of many investment and risk management programs. Futures now cover products as diverse as interest rate, equity, foreign exchange, and commodity markets and have been extended to include somewhat more esoteric items including real estate values, economic indicators, and even weather conditions. These instruments have focused attention and interest on Chicago as the epicenter of futures market developments and innovation, and the CME Group stands out as a leader in this regard.

The CME Group Risk Management Handbook provides an overview of the futures market in today's electronic trading world and outlines the various CME Group products, explaining how they can be used to manage risk for both professionals and individuals.

Principle authors John Labuszewski, John Nyhoff, Richard Co, and Paul Peterson are some of the most highly regarded names in futures and options research and risk management. They offer you a primer and reference to the most significant of CME Group products and the applications for which they may be deployed. The book begins with a basic explanation of futures markets, defining futures contracts, methodologies of order entry and execution, and the role of the clearing house. The authors then explain the intricacies of each of the various futures products, including currency futures, stock index futures, Eurodollar futures, and U.S. Treasury futures. In addition, they describe the major commodity markets and some alternative investment market fundamentals.

This reliable resource also offers a review of technical analysis, covering Elliott Wave Theory, pattern recognition, empirical analysis, and other essential information. It concludes with a look at options markets, outlining a range of options trading strategies, including hedging with options.

The development of futures markets has rapidly accelerated in the past few decades.The CME Group Risk Management Handbook will provide professionals around the world with an up-to-date, comprehensive reference to today's most popular and widely used risk management products and trading and hedging strategies.