| | non-technical understanding of what derivatives are all about."
John Hull, Maple Financial Chair in Derivatives and Risk Management Director, Bonham Centre for Finance
"This book admirably fills the long-standing gap between highly technical texts on derivatives mathematics which often leave their readers unaware of the financial contexts and uses of these instruments and popularizations which tend to emphasize disaster stories at the expense of communicating the key ideas behind derivatives and the valid reasons for the rapid growth of these markets over the past decade."
Eric S. Reiner, Managing Director, Group Market Risk, UBS AG
"The authors are to be congratulated on the gem produced. Through this book, the whole field of financial derivatives comes to live in all its colorful apsects. The historical drama, with several ups and downs, unfolds in a masterly written way. Everyone, from the most non- quantitative trader to the more mathematically oriented rocket scientist will learn a lot from reading this lovely book. I can also highly recommend it as extra reading for any course on derivatives."
Paul Embrechts, Department of Mathematics, ETH Zurich
"An excellent treatment at the most fundamental level of derivatives by one of the best known writers in the field."
Professor Don M. Chance, Virginia Tech.
info@thederivativesbook.com
Derivatives: The Tools That Changed Finance
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