(CME Group), Erika S.
Olson (2010).
Zero-Sum Game: The Rise of the Worlds Largest Derivatives
Exchange. (Hoboken, NJ: Wiley, 256 p.). Former
Managing Director at the Chicago Board of Trade. Derivative
securities -- United States; CME Group. 2007 - Chicago Board of
Trade (CBOT), Chicago Mercantile Exchange (CME) merged, formed
CME Group; 2008 - acquired New York Mercantile Exchange (95%
share of trading in U.S. regulated futures);
multi-billion-dollar bidding war that erupted between financial
giants as they fought for control of CBOT; reasons behind
recent, spectacular growth of 160-year-old market; how
derivatives affect lives of average consumers worldwide
(influene interest rates on credit cards, cost of cheeseburger,
price of gallon of gas); inner workings of futures exchanges,
types of derivatives.
(J. P. Morgan Chase & Co.), Gillan Tett (2009).
Fool's Gold: How the Bold Dream of a Small Tribe at J.P. Morgan
Was Corrupted by Wall Street Greed and Unleashed a Catastrophe.
(New York, NY: Free Press, 304 p.). Journalist (Financial
Times). J.P. Morgan & Co.; Credit derivatives --United States
--History; Housing --United States --Finance; Financial crises
--United States. "Shadow banking" world; how Morgan team's bold
ideas for new kind of financial alchemy in 1994 helped to ignite
revolution in banking, escalated wildly out
of control; created
credit derivatives; catapulted Morgan to top of derivatives
trade, fueled extraordinary banking boom beyond limits of
acceptable risk; how Morgan
leaders engineered bank's escape from carnage, how possible for
larger banking world, regulators, rating agencies to have
spotted, heeded terrible risks of meltdown.
Marc Allaire, Marty Kearney (2003).
Understanding LEAPS: Using the Most Effective Option Strategies
for Maximum Advantage. (New York, NY: McGraw-Hill, 286
p.). Stock options.
Fred D. Arditti (1996).
Derivatives: A Comprehensive Resource for Options, Futures,
Interest Rate Swaps, and Mortgage Securities. (Boston,
MA: Harvard Business School Press, 394 p.). Derivative
securities--United States.
Satyajit Das (2006).
Traders, Guns and Money: Knowns and Unknowns in the Dazzling
World of Derivatives. (New York, NY: Financial Times
Prentice Hall, 352 p.). Derivative securities.
Exposé of culture, games, deceptions
played out every day in trading rooms around the world.
Richard Folcker (2001).
Derivatives Diary: The Strategies of an Independent Fund Manager.
(New York, NY: Wiley, 128 p.). Management Consultant
Specializing in Global Risk Management. Investment advisors;
Investment analysis--Marketing; Derivative securities.
Bruce I. Jacobs; with a foreword by Harry M.
Markowitz (1999).
Capital Ideas and Market Realities: Option Replication, Investor
Behavior, and Stock Market Crashes. (Malden, MA:
Blackwelll Publishers, 399 p.). Hedging (Finance); Financial
crises; Stock options.
Donald MacKenzie (2006).
An Engine, not a Camera: How Financial Models Shape Markets.
(Cambridge, MA: MIT Press, 377 p.). Professor, Sociology
(University of Edinburgh). Capital market--Mathematical models;
Derivative securities--Mathematical models; Financial
crises--Mathematical models; Financial crises--Case studies.
How America’s capital markets have grown
into their current form; emergence of modern economic theories
of finance affected financial markets in fundamental ways.
Philip McBride Johnson (1999).
Derivatives: A Managers Guide to the World's Most Powerful
Financial Instruments. (New York, NY: McGraw-Hill, 210
p.). Derivative securities.
Merton H. Miller (1997).
Merton Miller on Derivatives. (New York, NY: Wiley, 226
p.). Nobel Laureate, Professor Emeritus of Finance (University
of Chicago). Derivative securities--United States.
Nassim Taleb (1997).
Dynamic Hedging: Managing Vanilla and Exotic Options.
(New York, NY: Wiley, 506 p.). Options (Finance); Exotic options
(Finance); Hedging (Finance); Derivative securities.
________________________________________________________________________________
Links
CBOE Bibliography
http://www.cboe.com/otec/ssb/education.asp?cid=bib
Chicago Board Options Exchange (CBOE ) provides these as general
descriptions of material covered and level of discussion, not as
recommendations.
International Swaps and Derivatives
Association
http://www.isda.org
Represents participants in the privately negotiated derivatives
industry, is the largest global financial trade association, by
number of member firms. ISDA was chartered in 1985, and today
has over 750 member institutions from 52 countries on six
continents. These members include most of the world's major
institutions that deal in privately negotiated derivatives, as
well as many of the businesses, governmental entities and other
end users that rely on over-the-counter derivatives to manage
efficiently the financial market risks inherent in their core
economic activities. Since its inception, ISDA has pioneered
efforts to identify and reduce the sources of risk in the
derivatives and risk management business. Among its most notable
accomplishments are: developing the ISDA Master Agreement;
publishing a wide range of related documentation materials and
instruments covering a variety of transaction types; producing
legal opinions on the enforceability of netting and collateral
arrangements (available only to ISDA members); securing
recognition of the risk-reducing effects of netting in
determining capital requirements; promoting sound risk
management practices, and advancing the understanding and
treatment of derivatives and risk management from public policy
and regulatory capital perspectives.
