Exotic Options and Hybrids: A Guide to Structuring, Pricing and Trading
"An intermediate to advanced comprehensive treatment of derivative products, from the simplest options to the most complex ones. It provides a good theoretical grounding and some practical insights as well as very relevant examples. This book will become a reference for practitioners."—Stephane Junod, ex-Head of Hybrids Trading and Structuring at Citigroup in London, Head of the Global Hedging Units, Zurich Insurance, Zurich"Striking an outstanding balance between theory and (good) practice, this comprehensive book is very informative, smart and useful. From vanilla option pricing and hedging to exotic options, complex structured products and sophisticated dynamic strategies, readers will learn and enjoy most of what is required of an option-oriented financial engineer. A valuable addition to an already well stocked pack."—Professor Patrice Poncet, Sorbonne University and ESSEC Business School"This is a new and different book about structured products. Readers get detailed coverage of all major types of structured notes across all types of assets. This guide is a practical reference and a great complement to anybodys financial library.—Mimoun Nadir, Head of Exotic Equity Derivatives, Calyon, Paris"Exotic Options and Hybridsis a refreshing book about getting the reader familiar with modern structured products and the rational behind their creation. More importantly, the emphasis on revealing the embedded risks will be well appreciated by anyone interested in structuring, pricing or trading these products."—Abdelkerim Karim, Head of Equity Structured Products, Nomura, London"Mohamed Bouzoubaa and Adel Osseiran, highly regarded senior structurers, have come up with a thorough study of exotic options and hybrids, covering the subject from all possible structuring, pricing and trading angles, both from theoretical and practical standpoints. An essential and exciting read for financial professionals and students."—Bruno Pannetier, former Head of Structured Products at CIC, former Senior Managing Director and Co-Global Head of Equity and Hybrid Structuring at Bear Stearns, Division Director and Head of Structuring at Macquarie Bank