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on 26 March 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.
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on 27 July 2003
This is the best general introduction to finance I have read. It is written in a very straightforward way and covers all the main concepts without getting lost in complex mathematics. I recommend the book for university students and others thinking of working in the financial markets.
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on 19 July 2003
This is a very clear and comprehensive introduction to the main cash and derivative products. I particularly liked the practical examples and illustrations. I throughly recommend the book.
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