2018 FRM Exam Part I Book 03. Financial Markets and Products

New York: GARP, 2018. — 383 p.The third in the four books designed to prepare for the GARP FRM Exam Part I (2018).
This book provides a blend of theory and practice.
Clear consice concepts are explained covering entire FRM Part 1 syllabus as provided by GARP.
Several features of this book are tailored specifically to help the reader specify the objective of each chapter.Banks
Insurance Companies and Pension Plans
Mutual Funds and Hedge Funds
Introduction (Options, Futures, and Other Derivatives)
Mechanics o f Futures Markets
Hedging Strategies Using Futures
Interest Rates
Determination of Forward and Futures Prices
Interest Rate Futures
Swaps
Mechanics of Options Markets
Properties of Stock Options
Trading Strategies Involving Options
Exotic Options
Commodity Forwards and Futures
Exchanges, OTC Derivatives, DPCs and SPVs
Basic Principles of Central Clearing
Risks Caused by CCPs
Foreign Exchange Risk
Corporate Bonds
Mortgages and Mortgage-Backed Securities.