Table of Contents

Acknowledgments. Preface. GETTING STARTED. Introduction. Fundamentals of Derivative Valuation. A Review of Financial Math. FORWARDS AND FUTURES. The Role of Forwards Market. Interest Rate Forwards. Foreign Exchange Forwards. Equity Forwards. SWAPS. Swap Fundamentals. Interest Rate Swaps. Cross Currency Swaps. Equity Swaps. OPTIONS. Option Fundamentals. Equity Options. Interest Rate Options. Currency Options.

About the Author

John Martin is the partner responsible for PricewaterhouseCoopers Australian/NZ Financial Risk Management practice. He has been extensively involved in the development of the risk management and derivatives industry in Australia and has written numerous publications in the areas of risk management, derivatives, real options, deregulation of the electricity industry and performance measurement. John has undertaken consultancy assignments with major corporations and Government instrumentalities in the Asia Pacific region. John has also been a pioneer in the development and implementation of 'at risk' measurement methodologies for non-financial corporations.Before joining PwC, John has held positions with the Reserve Bank of Australia, Commonwealth Bank, TNT Limited, Sydney Futures Exchange, Oakvale Capital. These roles have varied from economist, derivatives trader, risk manager, quantitative analyst to consultant.John has a Bachelor of Economics with Honors and has held positions as a National Council member of the Finance and Treasury Association, Chair of the Securities Institute Financial Risk Management Masters Program and Lecturer at the University of NSW School of Banking & Finance, Master of Finance Program.