Parimutuel Applications In Finance : New Markets for New Risks
1st ed. 2007
Book Details
Format
Paperback / Softback
Book Series
Finance and Capital Markets Series
ISBN-10
1349520004
ISBN-13
9781349520008
Edition
1st ed. 2007
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 1st, 2007
Print length
278 Pages
Product Classification:
Risk assessmentCorporate financeManagement & management techniquesFinancial services industry
Ksh 32,400.00
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Financial intermediaries typically offer derivatives to their customers only when they can hedge the exposures from these transactions. Baron and Lange show that parimutuel auctions can be used by financial intermediaries to offer derivatives without exposing themselves to risk.
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