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Published: 05 February 2009

520 Pages


ISBN: 9780199556366

Bookseller Code (AU)


The Key Principles

Third Edition

John-Peter Castagnino

  • Comprehensive, clear and accessible guide to the complex subject of derivatives
  • Provides a centre-ground between pure economics and pure law
  • Top down approach provides a practical explanation of derivatives from both perspectives; derivatives as a cash flow and derivatives as a contract

New to this Edition:

  • Discussion of a greater number of derivative products (including CPPI structures, derivatives used as financing tools, power trading, emissions trading, multi-asset derivatives, fund-linked derivatives, derivatives based on "computed data", and the different "wrappers" in which derivative exposures are made available).
  • Greatly expanded discussion of the ISDA documents used in the over-the-counter (OTC) market.
  • Extended discussion of the duty of care (selling and misselling, including the recent decision in the "Springwell" litigation).
  • Includes coverage of derivatives in the retail market for the first time.
  • Updated material on legislative and regulatory developments, including the inception of MiFiD, capital adequacy and the tax treatment of derivatives.
  • Updated material on capital adequacy regulation and the tax treatment of derivatives

Also of Interest

Related Categories

Law > Financial Law > Banking Law