Derivatives Demystified: A Step-by-Step Guide to Forwards, Futures, Swaps and Options

My co worker recommended this book to me to get a better understanding of interest rate derivatives and it has proved to be very invaluable since I had purchased it. Not many books breaks in general breaks things down that is easily understandable and this book does just that. It avoids the complexities of derivatives and breaks things down in a very simple, step-by-step manner. That's not to be confused with the material being too high level or dumbed down - the explanations and examples are very clear and that's what makes it less intimidating to learn. I did not have any knowledge in Interest Rate Derivatives prior to purchasing this book and its definitely helped me a lot. I would definitely recommend this to anyone working in that field of study or even just curious to learn about these products.

"This book is great for people with little or no knowledge of derivative investment products. The author develops your understanding of these products through simple explanations and easy to understand investment strategy examples. I would highly recommend this book for anyone looking to further there understanding of these financial products."

If only my University had prescribed this book when I was studying economics. If you love derivatives but have always felt a bit intimidated by derivatives instruments, traders, jargon and models, then this book will make you confident to learn more about the subject, to stand your ground with the experts and you might even dare to get involved in derivatives trading yourself. Thank you, Andrew M. Chrisholm, for answering all the questions I had about every kind of derivative.

Comprehensive and understandable (at least to me). Includes examples that illuminate each tool. This is complex stuff and this book provided me with a foundation on this area. More study required past this book, but I at least now have an understanding ot the basics.

I used the prior edition of this book as the text for a law school course on derivatives and it worked very well. I have since recommended this book to students who wanted an introduction to the subject as well as to an instructor of a course on the taxation of financial instruments. It is an excellent introduction, well-written and easily understood.

It came sooner than expected and in better shape. This is not a book for beginners. I will need to read it more than one time. Very good.

Regarding this book it was very helpfull and with a simplified introduction to the complicated world of financial derivatives concerning purely the risk hedging not speculation

Very well structured topics, building up the basic knowledge step by step with good examples.Also good summary chapters to recap main ideas.

This is a good book to understand how derivatives operate. It is a must read for anyone starting out or already working in invest banking and asset management firms.

Very informative and easy to understand how financial derivatives work.

Just buy it

Although the title says that it is a step-by-step guide, you need to be an expert in derivative to understand topics covered in this book.

Finally a book that explains derivatives in a clear manner and supports the explanations with relevant and up to date examples. Excellent.