期货与期权市场基本原理：翻译版

　　期货与期权市场基本原理：翻译版声明：，，，。详情

　　《期货与期权市集根本道理：翻译版》是2021年清华大学出书社出书的图书。

　　本书对金融衍生品市集中的期货与期权的根本外面实行了编制发挥，供给了大宗业界案例，紧要讲述了期货对冲战略、远期和期货价钱切实定、利率与利率期货、换取、证券化与2007年信员她榆贷紧急、期权市集机制、股票期权的属性、期权营业战略、二叉树模子、员工股票期权、股指期权与钱银期权、期货期权与布莱克模子等浩瀚实质。

　　第9版实行了实质更新而且校正了局限章节的露出式样，对调取一章（第7章）实行了巨大修订，加众了合于预期尾部耗损（expected shortfall）度重民弃量的更众斟酌，以反良户映其日益加众的要紧性，供给了为本书读者量身打制的软件DerivaGem的新版本。

　　本书囊括了赫尔传授所著的《期权、期货和其他衍生品》一书的根本外面而又不涉及微积分，既可行动上等院校金融干系专业的本科生和筹议生的教材，也可供金融业界人士行动参考用书。本书应用新形状“互联网+教材”的防盗版形式，附赠大宗课后习题及其谜底，增设章末“正在线测试题”。循樱轿

　　第 1 章小序 ············································1

　　1.1 期货合约·················································1

　　1.2 期欠艰嘱货市集的汗青·····································2

　　1.3 场交际易市集·········································4

　　1.4 远期合约·················································6

　　1.5 期权·························································6

　　1.6 期权市集的汗青·····································9

　　1.7 营业者的类型·······································10

　　1.8 对冲者···················································11

　　1.9 图利者···················································13

　　1.10 套利者·················································15

　　1.11 紧张性 ·················································16

　　本章小结························································17

　　深度阅读························································18

　　本章实验························································18

　　本章熟练························································18

　　深达狱套背度忖量························································19

　　2.1 期屑厦请甩栈房位的开仓和缓仓·······················21

　　2.2 期货合约的细则···································22

　　2.4 保障金账户的操作·······························25

　　2.5 场交际易市集·······································28

　　2.6 市集报价···············································31

　　2.7 交割·······················································33

　　2.8 营业商类型和订单类型·······················34

　　2.9 囚系·······················································35

　　2.10 司帐与税务·········································36

　　2.11 远期合约与期货合约 ·························37

　　本章小结························································39

　　深度阅读························································40

　　本章实验························································40

　　本章熟练························································41

　　深度忖量························································42

　　第 3 章期货对冲战略 ···························44

　　3.1 根本规则···············································44

　　3.2 扶助和驳倒对冲的见地·······················47

　　3.3 基差危害···············································49

　　3.4 交叉对冲···············································53

　　3.5 股指期货···············································56

　　3.6 移仓·······················································61

　　本章小结························································63

　　深度阅读························································64

　　本章实验························································64

　　本章熟练························································65

　　深度忖量························································66

　　第 4 章利率 ··········································72

　　4.1 利率类型···············································72

　　4.2 换取利率···············································74

　　4.3 无危害利率···········································75

　　4.4 胸宇利率···············································75

　　4.5 零息利率···············································78

　　4.6 债券订价···············································78

　　4.7 确定零息利率·······································79

　　4.8 远期利率···············································82

　　4.9 远期利率允诺·······································84

　　4.10 利率克日布局外面·····························86

　　本章小结························································89

　　深度阅读························································89

　　本章实验························································89

　　本章熟练························································90

　　深度忖量························································91

　　附录4A 指数和对数函数 ··························92

　　5.1 投资资产与消费资产···························94

　　5.2 做空·······················································94

　　5.3 假设和符号···········································96

　　5.4 投资资产的远期价钱···························96

　　5.5 已知收入···············································99

　　5.6 已知收益率·········································101

　　5.7 远期合商定价·····································101

　　5.9 股指期货价钱·····································104

　　5.10 钱银远期和期货合约·······················105

　　5.11 商品期货 ···········································108

　　5.12 持有本钱···········································111

　　5.13 交割采取···········································111

　　本章小结······················································114

　　深度阅读······················································114

　　本章实验······················································115

　　本章熟练······················································115

　　深度忖量······················································116

　　第 6 章利率期货 ································118

　　6.1 天数揣度和报价向例·························118

　　6.2 邦债期货·············································120

　　6.3 欧洲美元期货·····································125

　　6.4 久期·····················································129

　　6.5 基于久期的期货对冲战略·················132

　　本章小结······················································136

　　深度阅读······················································137

　　本章实验······················································137

　　本章熟练······················································137

　　深度忖量······················································138

　　第 7 章换取 ········································140

　　7.1 利率换取机制·····································140

　　7.2 天数揣度题目·····································145

　　7.3 确认书·················································146

　　7.4 对比上风论·········································147

　　7.5 利率换取订价·····································149

　　7.6 价钱何如随功夫蜕变·························151

　　订价 ····················································154

　　7.9 其他钱银换取·····································156

　　7.10 信用危害···········································157

　　7.11 信用违约换取 ···································158

　　7.12 其他类型的换取·······························159

　　本章小结······················································160

　　深度阅读······················································161

　　本章实验······················································161

　　本章熟练······················································162

　　深度忖量······················································163

　　8.1 证券化·················································165

　　8.2 美邦房地产市集·································168

　　8.3 题目的症结·········································172

　　8.4 后果·····················································174

　　本章小结······················································175

　　深度阅读······················································175

　　约翰·赫尔(John Hull)众伦众大学罗特曼束缚学院传授，邦际公认的衍生品和危害束缚界威望，至极看重干系行使目标的筹议与追求。正在干系规模曾出书过很众著作并被翻译成众种说话，正在全寰宇通常大作。1999年，被邦际金融工程师协会（International Association of Financial Engineers）评选为年度金融工程巨匠（Financial Engineer of the Year）。曾承当北美、日本和欧洲浩瀚金融机构的照拂，并于加拿大约克大学、美邦纽约大学、英邦伦敦商学院等浩瀚高校任教，得回过很众教学奖项，征求众伦众大学享有盛誉的诺斯洛普·弗莱奖（Northrop Frye Award）。

　　百度百科实质由网友配合编辑，如您浮现己方的词条实质不正确或不圆满，迎接应用自己词条编辑供职（免费）列入厘正。当即赶赴