This book is the most up-to-date practical introduction that focuses on the instruments, applications and risk management techniques essential for this rapidly evolving market. Choudhry has fully updated all worked examples and case studies, added a section on basket repo and a section on structured finance repo
Book Details:
- Author: Moorad Choudhry
- ISBN: 9780470017562
- Year Published: 2006
- Pages: 226
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
This book is the most up-to-date practical introduction that focuses on the instruments, applications and risk management techniques essential for this rapidly evolving market. Choudhry has fully updated all worked examples and case studies, added a section on basket repo and a section on structured finance repo
The Repo (essentially a secured loan transaction) markets have grown dramatically in the past few years because of the need to hedge short positions in the capital and derivatives markets. Virtually all major currency markets in the world now have an established repo market, the facility is also increasingly being used in developing currency markets as well.
Choudhry well-known name Repo markets are huge (2004 saw biggest growth particularly in developing economies)
About the Author
Moorad Choudhry is Head of Treasury at KBC Financial Products UK Limited in London. He previously worked as a government bond trader at ABN Amro Hoare Govett Limited and Hambros Bank Limited, and in structured finance with JPMorgan Chase Bank. Moorad is a Visiting Professor at the Department of Economics, London Metropolitan University, and a Fellow of the Securities Institute in the City of London. He is co-editor with Professor Frank Fabozzi of The Handbook of European Fixed Income Securities.