Customer Reviews

Introduction to Futures and Options Markets

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Hull wrote a classic book for the introduction to futures and options markets. It's for the serious reader who doesn't want to all the deviations and basics of option pricings. If, after reading this book, you're still interested in derivatives you cann proceed with Hull's "Options, Futures, and Other Derivative Securities", Kolb's "Futures, Options, and Swaps", or for the very ambitious student Wilmott's "Derivatives or Quantitative Finance".

This is the clearest book about futures markets. If you don't understand about this theme, you have to read this book. It's really easy. Specially if you don't speak english (the vocabulary is limited, fortunatelly). Este es el libro más claro acerca de los mercados de futuros. Si no entiendes este tema, tienes que leer este libro. Es realmente fácil. Especialmente si no hablas inglés (el vocabulario es restringido, afortunadamente).

The material is similar to his other book, Options Futures and Other Derivatives, but much more easy to read. With Brealy & Myers, this forms a good complementary text.

I reommend readers who are familiar with the derivatives should buy Hull's "Options, Futures and other Derivatives" since it goes faster trough the basics and covers more advanced topics.

If you dont understand what the words Futures/options are and you want to know it, this is the place to start. hull(from McGil i think!) has excellently presented information on these subjects for the student as well as for the practitioner. As a student of MBA(finance) this was the prescribed text and I can safely say this compares with the best. sepcifically this book deals with the entire gamut of Futures/Options/Swaps with mathematical models where required. From CBOT to this day!!

I really must thank John Hull for this book. The way every topic is covered gives you basic knowledge to enter the depths that await you regarding futures, options and other derivatives. The book is so masterfully written that the approach to every topic is very fluid. Once you've covered the book, you are ready to go on with a more complicated book, including Hull's "Options, Futures, and Other Derivatives" which has a more anylitical approach than this introductory book. The examples are the easiest ones and you can understand everything so clearly I wish there were more books like this.