6 of 6 people found the following review helpful
4.0 out of 5 stars
A good solid introduction to Capital Markets, 26 Mar 2003
I recommend this book as a solid introduction to the capital markets. The main product classes and their derivatives are covered in a simple and direct style. The principal techniques for pricing and the use of sensitivites are explained with a good set of illustrative examples. This book is not nearly as formal as Hull's Options, Futures, & Other Derivatives but it covers a wider field and is much better suited in its billed role as an introduction.