An Introduction to Repo Markets (平装)

分類: 图书,进口原版书,Business & Investing(商业与投资),
品牌: Moorad Choudhry
基本信息出版社:John Wiley & Sons (2006年7月11日)外文书名:证券回购协议产品市场导论丛书名:Securities Institute平装:224页正文语种:英语ISBN:0470017562条形码:9780470017562产品尺寸及重量:22.4 x 15.2 x 2 cm ; 323 gASIN:0470017562商品描述内容简介在线阅读本书
The Repo markets have grown dramatically in the past few years because of the need to hedge short positions in the capital and derivatives markets. Virtually all major currency markets in the world now have an established repo market, the facility is also increasingly being used in developing currency markets as well.This book is a practical introduction that focuses on the instruments, applications and risk management techniques essential for this rapidly evolving market. Fully updated to reflect the changes in these markets, the book also includes worked examples and case studies, and new sections on basket and structured finance repo.专业书评“Providing a revealing insight into global repo markets and instruments, An Introduction to Repo Markets presents an accurate practitioner’s guide to a market that is often difficult to understand.”Bhavin Parmar, Equity Finance TradingThe repo markets are a vital part of the global financial system. Repo is used by virtually all market participants, as a funding and liquidity tool. The third edition of Professor Moorad Choudhry’s benchmark reference textAn Introduction to Repo Markets
brings readers up to date with the latest developments. It offers a detailed yet accessible and reader-friendly look at the instrument itself and its variants, and is aimed specifically at newcomers to the market or those unfamiliar with modern fixed income products. The author capitalises on his wealth of experience in the money markets to present this concise yet in-depth coverage of repo, set in the context of the financial markets as a whole.Topics covered include:Repo mechanicsUses and applicationsBasket repoSynthetic repo and the total return swapThe money market yield curveThe Global Master Repurchase AgreementTopics are well illustrated with Bloomberg screens, worked examples, exercises and case studies. Related issues such as financial market arithmetic are also introduced as necessary background for students and practitioners. This is essential reading for all those who require an introduction to the money markets and repo.