Provides a history of the United States from pre-Columbian Native American civilizations to the Clinton administration

Product Description: If you're trying to build wealth, sharp market downturns are your worst enemy. And today, they're happening far more often: in the last 18 years, the S&P 500 has experienced sixteen violent market declines. Institutions and professional investors have mastered powerful hedging strategies for dramatically reducing the risks of market volatility...read more

Product Description: In Capital Ideas and Market Realities, Bruce Jacobs sifts through the history of modern finance, from the efficient market hypothesis to behavioral psychology and chaos theory, to determine the cause of recent market crashes. He finds that some investment strategies, especially those based on theories that ignore the human element, tend to self-destruct, and can take markets down with them...read more (view table of contents, read Amazon.com's description)

Explains the workings of the commodity futures market, describes methods for analyzing the futures market, and offers advice on trading in futures (view table of contents)

A tour of Wall Street in the tradition of Liar's Poker also traces the life and career of the author, the co-founder of TheStreet.com and Smart Money magazine, from his Philadelphia childhood through his exploits as a financial journalist. Reprint. 60,000 first printing.

Minimize risk and maximize profits with convertible arbitrage Convertible arbitrage involves purchasing a portfolio of convertible securities-generally convertible bonds-and hedging a portion of the equity risk by selling short the underlying common stock. This increasingly popular strategy, which is especially useful during times of market volatility, allows individuals to increase their returns while decreasing their risks. Convertible Arbitrage offers a thorough explanation of this unique investment strategy. Filled with in-depth insights from an expert in the field, this comprehensive guide explores a wide range of convertible topics. Readers will be introduced to a variety of models for convertible analysis, "the Greeks," as well as the full range of hedges, including titled and leveraged hedges, as well as swaps, nontraditional hedges, and option hedging. They will also gain a firm understanding of alternative convertible structures, the use of foreign convertibles in hedging, risk management at the portfolio level, and trading and hedging risks. Convertible Arbitrage eliminates any confusion by clearly differentiating convertible arbitrage strategy from other hedging techniques such as long-short equity, merger and acquisition arbitrage, and fixed-income arbitrage. Nick Calamos (Naperville, IL) oversees research and portfolio management for Calamos Asset Management, Inc. Since 1983 his experience has centered on convertible securities investment. He received his undergraduate degree in economics from Southern Illinois University and an MS in finance from Northern Illinois University.

Product Description: Discover a practical trading strategy that combines options and ETFs. Create Your Own Hedge Fund explains how exchange-traded funds can be used in conjunction with an options strategy to attain steady growth. Beginning with a tutorial on options and ETFs, the book goes on to describe both investment approaches in great detail providing you with a trading strategy that generates higher returns than buy-and-hold investing -- and allows you to reduce risk by adopting a hedging strategy...read more

Product Description: This is an updated and revised guide to currency and interest-rate hedging strategies and the conditions under which they can be used effectively. Taking into account market developments, it features chapters on interest-rate and currency swaps, as well as comparitive analysis...read more

Product Description: Currency Management: Concepts and Practices clarifies the important concepts, principles, and vocabulary related to currency management from the point of view of an investment manager. This tutorial discusses the fundamental mathematics of exchange rates and tendencies that have been manifest in the past...read more

Expert advice and timely techniques for surviving and thriving within currency markets Rapid movements in currency markets have been a common occurrence in recent years, often to the detriment of traders and investors. The ability to manage these fluctuations is essential for safe and successful investment in these markets. Currency Strategy develops new techniques and explains classic tools available for predicting, managing, and optimizing fluctuations in the currency markets. Author Callum Henderson shows readers how traditional macroeconomic theory has repeatedly failed in the face of practical experience in these markets and develops a new approach based on experience. He draws on the technical expertise of his bank to develop mathematical models to assist in the prediction of crises and gives practical advice on how to use these and other tools successfully. (view table of contents)

Currency Strategy, Second Edition develops new techniquesand explains classic tools available for predicting, managing, andoptimizing fluctuations in the currency markets. Author CallumHenderson shows readers ho to use mathematical models to assist inthe prediction of crises and gives practical advice on how to usethese and other tools successfully. Given there such huge focus on China at the moment, the timingof this new edition is particularly important. The new edition willfeature a thorough update on the key developments in the past 3years, new chapters on emerging markets, an in-depth review of themarkets of China and India and their currencies and much more.

Product Description: This book is an advanced text on the theory of forward and futures markets which aims at providing readers with a comprehensive knowledge of how prices are established and evolve in time, what optimal strategies one can expect the participants to follow, whether they pertain to arbitrage, speculation or hedging, what characterizes such markets and what major theoretical and practical differences distinguish futures from forward contracts...read more

Product Description: This volume offers to show corporate decision-makers how they can build a responsible rationale for hedging and trading in the new power markets in the USA and Europe. It relates corporate tactics to developments in the new spot, futures and OTC markets, and discusses how to deal with key problems such as liquidity and the physical/financial interface...read more

Product Description: In the light of these market changes, interest in energy risk management has grown substanially and is becoming a fiduciary responsibility of energy companies. As energy trading, power exchanges, and hedging techniques establish themselves in the oil, power and gas sectors, so then do newer derivatives markets emerge in LNG hedging, weather derivatives, and freight hedging...read more

Product Description: Activist hedge fund managers represent a small part of the $1.5 trillion hedge fund industry, but their approach is causing a stir among traditional managers and the investment community because they are shaking up the corporate establishment and making money for their investors...read more

Explains how the financial futures market works, describes how futures contracts are used for hedging, spreading, and arbitrage, and suggests investment strategies

Product Description: The past thirty years have seen explosive growth in the use of financial deritivatives along with the development of an elegant mathematical theory for their valuation. The theory, based on stochastic calculus, provides a conceptual framework for valuation as well as efficient computational tools...read more

Product Description: Financial hedging refers to taking out investments in order to reduce or cancel the risk in another investment. This book looks at the homogeneous and non-homogeneous semi-Markov backward credit risk migration models.

Product Description: This new book uses advanced signal processing technology to measure and analyze risk phenomena of the financial markets. It explains how to scientifically measure, analyze and manage non-stationarity and long-term time dependence (long memory) of financial market returns...read more