Behandelt die grundsätzlichen Zusammenhänge des Geschäfts mit Optionen und Futures. Die wesentlichen Inhalte: Optionen - die Geschäftsarten, Optionspreisbewertung, fortgeschrittene Optionsstrategien, Futures, binominales Optionspreismodell für die Bewertung von Firmen,...

Over-allotment arrangements are nowadays part of almost any initial public offering. The underwriting banks borrow stocks from the previous shareholders to issue more than the initially announced number of shares. This is combined with the option to cover this short position at the issue price....

There is much discussion about derivatives at central banks. The main focus is on questions about the impact of the growing use of derivative instruments on the stability of the financial markets and the effectiveness ofmonetary policy measures. Irrespective ofthe answers, the information...