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For professionals with a career in futures and options markets, financial engineering and/or risk management.
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Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street, this book presents an accessible overview of the topic without the use of calculus.Packed with numerical samples and accounts of real-life situations, the Fifth Edition effectively guides readers through the material while providing them with a host of tangible examples.This first Australasian edition of Hulls bestselling Fundamentals of Futures and Options Markets was adapted for the Australian market by a local team of respected.This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book.Fundamentals of Futures and Options Markets is the only book that gives fair treatment to binomial trees and the principle of risk-neutral valuation.