| Description |
1 online resource |
| Contents |
Products and the Background to Trading. Trading -- Risk -- Understanding Traded Products : Follow the Money -- Asset Classes -- Derivatives, Structures and Hybrids -- Liquidity, Price and Leverage -- The Trade Lifecycle. Anatomy of a Trade -- Trade Lifecycle -- Cashflows and Asset Holdings -- Risk Management -- Market Risk Control -- Counterparty Risk Control -- Accounting -- P & L Attribution -- People -- Regulation -- What Really Happens. Insights into the Real World of Capital Markets : Here be Dragons? -- Case Studies -- The IT Divide -- The Role of the Quantitative Analyst -- Behind the Scenes. Developing Processes for New Products (and Improving Processes for Existing Products) -- New Products -- Testing -- Data -- Reports -- Calculation -- Summary of Risks. Operational Risks -- Human Risks -- Control Risks -- Processing Risks -- Organisational Risks |
| Summary |
Drive profit and manage risk with expert guidance on trade processing The Trade Lifecycle catalogues and details the various types of trades, including the inherent cashflows and risk exposures of each. Now in its second edition, this comprehensive guide includes major new coverage of traded products, credit valuation adjustment, regulation, and the role of information technology. By reading this, you'll dissect a trade into its component parts, track it from preconception to maturity, and learn how it affects each business function of a financial institution. You will become familiar with the full extent of legal, operational, liquidity, credit, and market risks to which it is exposed. Case studies of real projects cover topics like FX exotics, commodity counterparty risk, equity settlement, bond management, and global derivatives initiatives, while the companion website features additional video training on specific topics to help you build a strong background in this fundamental aspect of finance. Trade processing and settlement combined with control of risk has been thrust into the limelight with the recent near collapse of the global financial market. This book provides thorough, practical guidance toward processing the trade, and the risks and rewards it entails. Gain deep insight into emerging subject areas Understand each step of the trade process Examine the individual components of a trade Learn how each trade affects everything it touches Every person working in a bank is highly connected to the lifecycle of a trade. It is the glue by which all departments are bound, and the aggregated success or failure of each trade determines the entire organization's survival. The Trade Lifecycle explains the fundamentals of trade processing and gives you the knowledge you need to further your success in the market |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record and CIP data provided by publisher |
| Subject |
Commodity exchanges.
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Commercial products.
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Risk.
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commodity exchanges.
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BUSINESS & ECONOMICS -- Finance.
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Commercial products
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Commodity exchanges
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Risk
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| Form |
Electronic book
|
| LC no. |
2015019077 |
| ISBN |
9781119003571 |
|
1119003571 |
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9781119003687 |
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1119003687 |
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1118999460 |
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9781118999462 |
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