This derivative textbook explains derivative concepts and principles in clear and simple terms so that they can be readily understood. In addition, students will find the examples and cases inside authentic and practical, as they apply to Malaysian context.
The first part begins with an overview of financial markets and institutions. It goes on to introduce the concepts of derivatives. Part 2 of the text explains the principles of futures and trading strategies of commodity and financial futures. Mechanics of hedging, speculating, spreading and arbitraging with palm oil, index, intrest rate, bond and single - stock futures are well discussed in the Malaysian derivatives market.