Resources

We provide a range of content and links to external content that are useful for delegates that have either attended one of our courses, or are about to, as well as being useful for those interested in the capital markets and derivatives in general. The content listed and linked to from this section provides a readily accessible compendium of material and resources that will help any person involved in the derivatives and capital markets, from the beginner to the seasoned professional.

♦ Beginners Guide to Investment

Author: Bernard Gray
Publisher: Random House Business Books
ISBN: 978-0712698641

♦ The “Financial Times” Guide to Using the Financial Pages

Author: Romesh Vaitlingam
Publisher: Financial Times / Prentice Hall
ISBN: 978-0273652632

♦ How to Read the Financial Pages

A Simple Guide to the Way Money Works and the Jargon. Recommended for a very good intro to financial markets, terminology and a clear simple explanation of the products.

Author: Michael Brett
Publisher: Random House Business Books
ISBN: 978-0712680776

♦ Financial Modeling using Excel™ and VBA

Author: Chandan Sengupta
Publisher: John Wiley &Sons
ISBN: 978-0471267683

Recommended for a very good and easy guide to Excel™ programming using many of Excel™’s built in functions.

♦ Excel™ 2003 Formulas

Author: John WalkenbacH
Publisher: John Wiley &Sons
ISBN: 978-0764540738

♦ Probability Demystified: A Self-teaching Guide

Author: Allan Bluman
Publisher: McGraw-Hill Professional
ISBN: 78-0071445498

♦ Statistics For People Who (Think They) Hate Statistics

Author: Neil Salkin
Publisher: Sage Publications
ISBN: 978-0761927884

♦ Calculus for Dummies

Author: Mark Ryan
Publisher: John Wiley &Sons
ISBN: 978-0764524981

♦ Mastering Financial Calculations: A Step-by-step Guide to the Mathematics of Financial Markets

Author: Rob Steiner
Publisher: Financial Times / Prentice Hall
ISBN: 978-0273625872

♦ Fixed Income Calculations: Money Market Paper and Bonds

Author: Stigum and Robinson
Publisher: Irwin Professional Publishing
ISBN: 978-1556234767

The European Bond Basis

Author: Chris Plona
Publisher: Irwin Professional
ISBN: 978-0786308521

Futures, Options and Swaps

Author: Robert W. Kolb

Publisher: Wiley-Blackwell

ISBN: 978-1577180630

Options, Futures and Other Derivative Securities

Author: John Hull

Publisher: Pearson US

ISBN: 978-0132643672

Very good coverage but a bit mathematical.

Options for the Stock Investor: How Any Investor Can Use Options to Enhance and Protect Their Return

Author: James B. Bittman

Publisher: Irwin Professional Publishing

ISBN: 978-1557388728

Valuation of Fixed Income Securities and Derivatives

Author: Frank J Fabozzi

Publisher: F.J. Fabozzi Associates

ISBN: 978-1883249069

Derivatives: Valuation and Risk Management

Author: David A. Dubofsky

Publisher: OUP USA

ISBN: 978-0195114706

Recommended for a one stop shop book on all the detail needed to understand the important attributes of the underlying markets and derivatives, written in plain English and straight forward use of calculations.

The Complete Guide to Option Pricing Formulas

Author: Espen Gaarder Haug

Publisher: McGraw-Hill Professional

ISBN: 978-0071389976

Includes DVD with loads of Excel™ options models to play with.

The Eurodollar Futures and Options Handbook

Author: Galen Burghardt

Publisher: McGraw-Hill Professional

ISBN: 978-0071418553

The bible for STIR futures.

Taleb on Risk: Dynamic Hedging

Author: Nassim Nicholas Taleb

Publisher: John Wiley &Sons

ISBN: 978-0471152804

This is a great book on how to manage exotic OTC option positions.

Option Volatility &Pricing

Author: Sheldon Natenberg

Publisher: McGraw-Hill Professional

ISBN: 978-1557384867

Written by a trader, for (professional) traders. Requires some prior knowledge of options, but is written in a clear and accessible way. The Second Edition was published in 1994, so some material covered is no longer relevant, but that part is very limited.

The Complete Guide to Option Pricing Formulas

Author: Espen Gaarder Haug

Publisher: McGraw-Hill Professional

ISBN: 978-0071389976

Provides a comprehensive library of option pricing formula, with attendant VBA code.

 Exotic Options and Hybrids: A Guide to Structuring, Pricing and Trading

Author: Mohamed Bouzoubaa

Publisher: John Wiley &Sons

ISBN: 978-0470688038

 
Risk Management

Author: M. Crouhy, D. Galai, R. Mark

Publisher: McGraw-Hill Professional

ISBN: 978-0071357319

Financial Risk Management: A Practitioner’s Guide to Managing Market and Credit Risk

Author: Steve L Allen

Publisher: John Wiley &Sons

ISBN: 978-0471219774

Bank Management

Author: T Koch

Publisher: South Western College

ISBN: 978-0324655780

 
Fixed Income Securities

Author: Bruce Tuckman

Publisher: John Wiley &Sons; 2nd Revised edition

ISBN: 978-0471063223

One of the best introductory texts on fixed income cash and derivative instruments. Although now almost 10-years old, still very relevant.

Bond Markets, Analysis and and Strategies

Author: Frank Fabozzi

Publisher: Pearson

ISBN: 978-0130322104

Recommended as the bible of up to date thinking on bond markets and related derivative instruments – a must have

Collateralized Debt Obligations

Author: Frank Fabozzi

Publisher: John Wiley &Sons

ISBN: 978-0471234869

Mastering Repo Markets

Author: Robert Steiner

Publisher: Financial Times / Prentice Hall

ISBN: 978-0273625896

The Repo Handbook

Author: A Choudhry

Publisher: Butterworth-Heinemann

ISBN: 978-0750681599

Swaps and Other Derivatives

Author: Richard Flavell

Publisher: John Wiley &Sons; 2nd Revised edition

ISBN: 978-0470721919

Interest Rate Swaps and Their Derivatives: A Practitioner’s Guide

Author: Amir Sadr

Publisher: John Wiley &Sons

ISBN: 978-0470443941

 
 
Counterparty Credit Risk:The New Challenge for Global Financial Markets

Author: Jon Gregory

Publisher: John Wiley &Sons

ISBN: 978-0470685761

Mastering Credit Derivatives

Author: Andrew Kasapi

Publisher: Financial Times/ Prentice Hall

ISBN: 978-0273639282

Demystifying Exotic Products: Interest Rates, Equities and Foreign Exchange

Author: Chia Tan

Publisher: John Wiley &Sons

ISBN: 978-0470748152

Structured Credit Products: Credit Derivatives and Synthetic Securitisation

Author: M Choudhry

Publisher: John Wiley &Sons

ISBN: 978-0470821190

The Structured Credit Handbook

Author: A. Rajan, G. McDermott, R. Roy

Publisher: John Wiley &Sons

ISBN: 978-0471747499

Handbook of Hedge Funds

Author: François-Serge Lhabitant

Publisher: John Wiley &Sons

ISBN: 978-0470026632

Credit Derivatives: Understanding Credit Risk and Credit Instruments

Author: G. Chacko, A Sjoman, H. Motohashi, V. Dessain

Publisher: Prentice Hall

ISBN: 978-0131467446

 
♦ Analysing Companies and Valuing shares

Author: Michael Cahill
Publisher: Financial Times / Prentice Hall
ISBN: 978-0273663638

♦ The Real Cost of Capital

Author: Ogier, Rugman, Spicer
Publisher: Financial Times
ISBN: 978-0273688747

Good insight to the real costs of capital and how companies are valued, good examples used

♦ Investment Analysis and Portfolio Management

Author: Reilly, Brown
Publisher: South-Western
ISBN: 978-0324289039
Very comprehensive companion to the subject, well laid out and clear.

♦ All About Stocks

Author: Esme Faerber
Publisher: McGraw-Hill Professional
ISBN: 978-0071494557

Easy start to understanding stocks and shares.

♦ The Trade Life-cycle: Behind the Scenes of the Trading Process

Author: Robert P. Baker
Publisher: John Wiley &Sons
ISBN: 978-0470685914

♦ Securities Operations: A Guide to Trade and Position Management

Comprehensive and thorough coverage  ecurities operations. Primary focus on equities, which is a little limiting, and parts are now out of date.

Author: Michael Simmons
Publisher: John Wiley &Sons
ISBN: 978-0471497585

♦ FIASCO

Author: Frank Partnoy
Publisher: Profile Business
ISBN: 978-1861970770

Very good warts and all exposé of the world of derivatives and sales.

♦ Rogue Trader

Author: Nick Leeson
Publisher: Sphere
ISBN: 978-0751517088

Still a good read.

♦ Liars Poker

Author: Michael Lewis
Publisher: Coronet Books
ISBN: 978-0340534694

♦ Market Wizards

Author: Jack Schwager
Publisher: Pearson Education
ISBN: 978-0135560938

♦ Reminiscence of a Stock Operator

Author: Edwin Lefevre
Publisher: John Wiley &Sons
ISBN: 978-0471059707

♦ Traders, Guns and Money

Very amusing and informative account of the use of derivatives in finance.

Author: Satyajit Das
Publisher: Financial Times / Prentice Hall
ISBN: 978-0273704744

♦ When Genius Failed: The Rise and Fall of Long Term Capital Management

Recommended for a great insight into how greed and arrogance can end in disaster for investors and Wall St bankers alike.

Author: Roger Lowenstein
Publisher: Fourth Estate
ISBN: 978-1841155043

♦ The Wisdom of Crowds Why the Many Are Smarter Than the Few

Author: James Surowiecki
Publisher: Abacus
ISBN: 978-0349116051

Highly readable account of how collective wisdom of ordinary people can often be proved right against any expert in the market.

♦ Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

Author: Levitt, Dubner
Publisher: Penguin
ISBN: 978-0141019017

♦ Capitalism 4.0: The Birth of a New Economy

Kaletsky provides a wonderful trip through the various stages of capitalism and presents an alternative view of the current credit crisis together with his interpretations of the dawn of capitalism.

Author: Anotole Kaletsky
Publisher: Bloomsbury Publishing
ISBN: 978-1408807491

♦ Fooled by Randomness

Author: Nassim Nicholas Taleb
Publisher: Penguin
ISBN: 978-0141034591

♦ The Black Swan

Explains the pitfalls in blindly assuming that we live in a “normal” world.

Author: Nassim Nicholas Taleb
Publisher: Penguin
ISBN: 978-0141034591

♦ A Mathematician Plays the Market

Author: John Paulos
Publisher: Penguin
ISBN: 978-0141012032

Links to some of our favourite and most useful content that can be found on the internet today relating to the capital and derivatives markets. From models, blogs, compendiums and dictionaries, to the most relevant service providers.

Please note, whilst we endeavour to check all links, Capital Markets & Derivatives Training cannot be held responsible for the content of external websites.

Exchange Websites


♦ NYSE liffe

One of the leading derivative exchanges in the world, home to the Euribor STIR future and the Swapnote suite of contracts.

♦ CME Group

One of the leading derivative exchanges in the world, home to the Eurodollar STIR futures contract.

♦ Eurex

One of the leading derivative exchanges in the world, home to the Bund bond futures contract.

♦ CBOE

Chicago Board of Options Exchange – is the largest US options exchange, and a great resource for material on options.

♦ London Metal Exchange

The London Metal Exchange is the world’s premier non-ferrous metals market.

Central Counterparties

♦ LCH.Clearnet

LCH.Clearnet is the leading independent clearing house group, serving major international exchanges and platforms, as well as a range of OTC markets.

Regulation Websites

♦ Bank for International Settlements

The BIS is the world’s oldest international financial organisation, and has the mandate to foster international monetary and financial cooperation and serves as a bank for central banks.

♦ Bank of England

The Bank of England is the UK’s central bank, is independent of government control, and is committed to maintaining monetary and financial stability within the UK economy.

♦ Federal Reserve Bank of New York

The Federal Reserve Bank of New York works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness and vitality of our economic and financial systems.

♦ Financial Services Authority

The FSA is the financial regulator for the UK.

 

Trade Body Websites

♦ Chartered Institute for Securities and Investment

The largest securities and investment professional body in the world.

♦ International Swap Dealers Association

ISDA, which represents participants in the privately negotiated derivatives industry, is among the world’s largest global financial trade associations as measured by number of member firms.

♦ Futures and Options Association

The Futures and Options Association (FOA) seeks to sustain industry growth and enhance the integrity of markets and firms through the cycle of regulatory change.

We are in the process of developing a range of video tutorials about key concepts, instruments and issues relating to the capital and derivative markets, which we will be placing here. We will also be linking to relevant content on other sites, which we feel would be of interest to our clients. option analysis tools.