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Brazilian Derivatives and Securities: Pricing and Risk Management of FX and Interest-Rate Portfolios for Local and Global Markets

Amazon.com Price:  $62.10 (as of 12/05/2019 17:40 PST- Details)

Description

The Brazilian financial markets operate in a very different way to G7 markets. Key differences include onshore and offshore markets, exponential rates, business days day-counts, and price formation from the futures markets (as an alternative of the cash markets).

This book provides a quantitative, applied guide to the offshore and onshore Brazilian markets, with a focal point at the financial instruments unique to the region. It offers a comprehensive introduction to the important thing financial ‘archaeology’ in the Brazil context, exploring interest rates, FX and inflation and key differences from G7 market finance. It explores the core industry investment banking business in detail, from FX to interest rates and cash and inflation. After all it introduces the region’s unique financial instruments, in addition to their pricing and risk management needs.

Covering both introductory and complex topics, this book provides existing practitioners in Brazil, in addition to those interested in becoming involved in these markets, the whole lot they want to be aware the market dynamics, risks, pricing and calibration of curves for all products currently to be had.

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