A thoroughly updated and expanded edition of the xVA challengeThe period since the global financial crisis has seen a major re-appraisal of derivatives valuation, generally expressed in the form of valuation adjustments (‘xVAs’). The quantification of xVA is now seen as fundamental to derivatives pricing and valuation. The xVA topic has been complicated and further broadened by accounting standards and regulation. All users of derivatives need to have a good unders...

When 54 million dollars of client funds vanishes in the dark of night, San Francisco stockbroker Travis Black finds he's been set up to take the fall in an international game of high stakes money laundering and deception. Run for the Money takes Travis from San Francisco to the Caribbean in a race against time before the missing funds are scattered into offshore banks and shell corporations designed to hide money for good. Enlisting the help of Chaz, a shadowy...

Practical guidance toward handling the latest changes to the OTC derivatives marketCentral Counterparties is a practical guide to central clearing and bilateral margin requirements, from one of the industry's most influential credit practitioners. With up-to-date information on the latest regulations imposed after the global financial crisis, this book covers the mechanics of the clearing process and analyses the resulting consequences. Detailed discussion...

A practical guide to counterparty risk management and credit value adjustment from a leading credit practitionerPlease note that this second edition of Counterparty Credit Risk and Credit Value Adjustment has now been superseded by an updated version entitled The XVA Challenge: Counterparty Credit Risk, Funding, Collateral and Capital.Since the collapse of Lehman Brothers and the resultant realization of extensive counterparty risk...

Ancient Words is a calming and heart warming collection of Scripture passages, the sounds of nature and music to help you focus on God, His word, and to find His perfect peace.Thou wilt keep him in perfect peace, whose mind is stayed on thee: because he trusts in thee. Isaiah 26:3.Sound effects used with permission:River Noise recorded by Caroline FordCanadian Loons recorded by Chance MediaLapping Waves recorded by Ben Boncan

The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a trader's knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Written in a straightforward and accessible style, The Forex Options Course will help you develop the...

The ultimate guide for bank management: how to survive and thrive throughout the business cycleAn essential guide for bankers and students of finance everywhere, The Principles of Banking reiterates that the primary requirement of banking—sound capital and liquidity risk management—had been forgotten in the years prior to the financial crash. Serving as a policy guide for market practitioners and regulators at all levels, the book explains the keys to succ...

Developments in the sophistication of global real estate markets mean that global real estate investment is now being executed professionally. Thanks to academic enquiry, professional analysis and entrepreneurial activity, backed by the globalisation of all investment activity, there is now an available body of material which forms the basis of this scholarly but practical summary of the new state of this art.The measurement, benchmarking, forecasting and quantitative management te...

Updated coverage of structured credit products with in-depth coverage of the latest developmentsStructured credit products are one of today's fastest growing investment and risk management mechanisms, and a focus of innovation and creativity in the capital markets. The building blocks of these products are credit derivatives, which are among the most widely used products in finance. This book offers a succinct and focused description of the main credit derivative instruments, as we...

New York at night. A young woman stumbles out on to a busy street - right in front of Lieutenant Eve Dallas and husband Roarke. Her name is Daphne Strazza, and she has been brutally assaulted. Confused and traumatised, she manages to tell them one thing. Her attacker wore a devil's mask.As Eve investigates this shocking case, she soon discovers a disturbing pattern. Someone is preying on wealthy couples, subjecting them to a cruel and terrifying ordeal. Worse still, the attacks are...

Whether your career aspirations lie in banking, financial planning, the mutual fund industry or a brokerage, you can't avoid taking the Canadian Securities Exam. But there's a lot of material to know for the day of the examination, and it can be a daunting task to assimilate such a wide body of knowledge.The Wiley Canadian Securities Exam Fast-Track Study Guide is a quick-review tool that covers all the basics you need to know to pass the exam. It presents "quick hits" of ...

One of the most widely read books among active option traders around the world, Option Volatility & Pricing has been completely updated to reflect the most current developments and trends in option products and trading strategies.Featuring:Pricing modelsVolatility considerationsBasic and advanced trading strategiesRisk management techniquesAnd more!Written in a clear, easy-to-understand fashion, Optio...