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In this exceptional book, market specialist Michael Peters gives a complete overview of the derivative market, including its products, applications, and the latest strategies and uses of derivatives to hedge, speculate, and adjust the overall performance of a portfolio. Among the topics included are:
-- derivatives as a class of securities
-- description of the major derivative products
-- exotic and specialized derivatives
-- portfolio applications
-- hedging and protecting market positions
-- special applications of derivatives
-- glossary of terms.
