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Informationen zum Autor 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. Klappentext 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. Zusammenfassung This text takes a practical approach to the principal structured products which have been appearing in financial markets. It provides answers to questions which could arise in investment dealings and advice as to how to maximize the potential for profitability. Inhaltsverzeichnis 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...
