14 of 15 people found the following review helpful
5.0 out of 5 stars
Does exactly what it says in the title, 21 Mar. 2005
This book cuts through the jargon and the mystique surrounding derivatives. It explains the essentials in a very simple and intuitive way, with lots of examples and cases. The writing style is very polished. I would strongly recommend it to people working in banking and financial services generally. It would also serve as a good introductory text on options and derivatives for students.