The cover is the first clue: this is not your usual derivatives textbook. Two eager commodities traders — a rabbit, bearing acorns, and a squirrel, bearing carrots — face off across the front of a new ...
The governing agreements for a wide range of transactions, from the most basic financing arrangements to the most complex derivatives trading relationships, frequently include a “cross-default” event ...
International Accounting Standards Board (IASB) rules that require financial instruments to be accounted for at fair value, known as IAS 39, could have a detrimental effect on sales of complex ...
The county treasurer, Robert Citron, borrowed $14 billion in 1991 and invested it in complex derivatives contracts, primarily with Merrill Lynch & Company. According to The New York Times, this sort ...
Derivatives structurers are having a day in the sun. Higher interest rates are helping these alchemists of Wall Street to put together profitable trades across asset classes that can be pitched to ...