This book is designed for beginners who possess no previous knowledge or familiarity with derivatives. Written in an easy-to-read style, it guides readers through the challenging and complex world of forwards, futures, options, and swaps. The emphasis on Asian markets and contracts enables easier understanding. Financial derivative contracts from Malaysia and select contracts from Thailand, Singapore, and Hong Kong derivative markets are covered. For each derivative contract, their three common applications hedging, arbitrage, and speculating are shown with fully worked out examples. Extensive use of illustrations, graphics, and vignettes provide for easy comprehension of the underlying logic of derivatives. Request Inspection Copy Sample Chapter(s) Preface Chapter 1: Derivatives: Introduction and Overview Contents: Derivatives: Introduction and Overview Derivative Markets and Trading Forward and Futures Markets: Pricing and Analysis Stock Index Futures Contracts: Analysis and Applications Interest Rate Futures Contracts and Currency Futures Contracts Introduction to Options Equity, Equity Index, and Currency Options Option Strategies and Payoffs Option Pricing Replication, Synthetics, and Arbitrage Options in Corporate Finance and Real Options Interest Rate Swaps, Credit, and Other Derivatives Derivative Instruments and Islamic Finance Readership: University students studying finance and/or financial derivatives and practitioners seeking an in-depth understanding of financial derivatives.