Mastering Repo Markets : A Step-by-Step Guide to the Products, Applications and Risks

Mastering Repo Markets : A Step-by-Step Guide to the Products, Applications and Risks

by Bob Steiner, Steiner
     
 

Domestic and international repo markets have grown dramatically over the last few years. This is because of an increasing need to be able to take and hedge short positions in the capital and derivatives markets; growing concern over counterparty credit risk; and the favorable capital adequacy treatment given to repos. Most important of all is the growing awareness

Overview

Domestic and international repo markets have grown dramatically over the last few years. This is because of an increasing need to be able to take and hedge short positions in the capital and derivatives markets; growing concern over counterparty credit risk; and the favorable capital adequacy treatment given to repos. Most important of all is the growing awareness among market participants of the flexibility of repos and wide range of markets and circumstances in which they can be of benefit. Mastering Repo Markets is the most-up-to-date practical primer in the professional markets, focusing on the instruments, applications and risk-management techniques essential for success in this rapidly growing, fast evolving market. A fully international, interactive book, it addresses market conditions, product characteristics, pricing and valuation calculations, trading strategies and risk management. The only book covering these markets in this way, Mastering Repo Markets contains worked examples and exercises throughout, practice drills which reflect the style of the ACI exams, plus a complete practice examination paper.

Product Details

ISBN-13:
9780273625896
Publisher:
FT Press
Publication date:
12/01/1996
Series:
Financial Times Series
Pages:
292
Product dimensions:
6.70(w) x 9.50(h) x 0.70(d)

Meet the Author

Robert Steiner is Managing Director of Markets International, Ltd., an independent company specializing in international financial training, and in consulting on foreign exchange with finance directors and treasurers of international companies. He is also author of Mastering Financial Calculations.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >