A Practitioner's Guide to Derivatives

While it is true that many forms of derivatives can be complex, the basic forms of derivatives contracts which underpin many of the more complex variants are relatively straightforward and their origin can be traced back hundreds of years. The objective of this book is to unravel some of the mysteries surrounding derivatives and to provide a guide to the legal and regulatory concepts that govern their use.

Written by a team of leading experts, A Practitioner’s Guide to Derivatives provides a valuable single volume resource for compliance officers and in-house counsel, finance directors, corporate treasurers and their advisers.

• Provides practical advice on the rationale and use of derivative instruments
• Explains structures and strategies in a jargon-free style to help demystify this complex area
• Uses numerous examples to illustrate how transactions work in practice
• Deals in depth with regulatory developments and risk management to give a complete picture in the post-credit crisis environment
• Gives detailed coverage of the regulatory capital issues that practitioners need to be aware of, and the specific requirements for derivatives
• Covers litigation – how to avoid things going wrong and where litigation might arise