Financial Derivatives

  • Carlos Oliveira
Chapter

Abstract

Derivative is a general term for contracts that have their price based on the properties of an underlying asset. In particular, options are a standardized type of derivatives that give the right to buy or sell the underlying asset at a particular price. Unlike options, however, general derivatives include a large number of non-standard features that allow them to be created even for illiquid assets such as corporate credit risk or real estate mortgages.

Keywords

Random Walk Cash Flow Credit Default Swap Random Walk Model Monte Carlo Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Carlos Oliveira 2016

Authors and Affiliations

  • Carlos Oliveira
    • 1
  1. 1.Monmouth JunctionUSA

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