Welcome to the accompanying website for the fifth edition of
Futures, Options, and Swaps by Robert W. Kolb and James A. Overdahl.
Written in an accessible, non-technical style, Futures, Options, and Swaps is the most comprehensive text on derivatives markets available. As the only book to utilize such a reader-friendly, instructive approach, students will find the material readily comprehensible without a professor’s guidance, thereby freeing instructors to cover only the vital topics, or to teach a more technical course.
“This is a revision of an already excellent textbook that has a very clear way of explaining the often difficult concepts that the student needs to understand in this very technical subject area.”
-- Peter Moles, University of Edinburgh
The New Edition features:
- New chapter on Value-at-Risk
- Extensive revisions on:
- electronic trading platforms
- globalization of markets
- hedge funds
- financial scandals
- government regulation
- Updates on T-bond and T-Note futures
- Updated discussion of The Commodity Futures Modernization Act of 2000
- Non-traditional futures markets:
- event markets
- proposition markets
- weather futures
- macro futures
- New section on term structure interest rate models
- Over 50 text boxes with applied vignettes on topical issues, product profiles, and historical anecdotes.