Understanding Derivatives : What You Really Need To Know About The Wild Card Of International Finance

Many managers don't understand either the financial instruments and strategies being used, or the nature of the risks involved, when dealing with derivatives.

This can result in huge losses for a company. This text aims to demystify derivatives for non-specialists, giving a sound appreciation of the key aspects of their nature, application and effects in finacial strategy.

The emphasis is on practical simplicity and memorability, with interviews with leading providers and users of derivatives.

Case studies and a glossary of terms are included.