Mastering swaps markets - Mcdougall.

Swaps are an integral part of the world of international finance.
Their use has permeated almost every aspect of domestic and international capital and money markets.
Yet, to many potential users, they remain an arcane derivatives risk management tool. Mastering Swaps Markets traces the development of swaps from the 1970s until today, examining both the obstacles to their growth and the hurdles which were jumped in order to ensure their survival. The book shows how swaps are used, and by whom, and examines the motives of, and benefits to, the counterparties in these transactions.
Numerous case studies and exercises encourage an understanding of the practical application of swaps as well as the mathematics used in the marketplace. Whether you are a trader, broker, risk manager, auditor, accountant, investor, salesperson or market student, this book will give you the ability to manipulate and apply, with speed and confidence, the techniques relevant to your marketplace.