Hands-on practice with derivatives and derivative markets based on real-world scenarios

Derivatives Workbook provides the key component of effective learning—practice. Designed for both students and investment professionals, this companion workbook conveniently aligns with the Derivatives text chapter-by-chapter, offers brief chapter summaries to refresh your memory on key points before you begin working, and explicitly lays out the learning objectives so you understand the “why” of each problem. This workbook helps you:

• Synthesize essential material from the Derivatives text using real-world applications
• Understand the different types of derivatives and their characteristics
• Delve into the various markets and their associated contracts
• Examine the role of derivatives in portfolio management
• Learn why derivatives are increasingly fundamental to risk management

CFA Institute is the world's premier association for investment professionals, and the governing body for CFA^® Program, CIPM^® Program, CFA Institute ESG Investing Certificate, and Investment Foundations^® Program. Those seeking a deeper understanding of the markets, mechanisms, and use of derivatives will value the level of expertise CFA Institute brings to the discussion as well as the extra practice delivered in Derivatives Workbook based on real scenarios investors face every day.

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 170,000 members in 160+ countries and territories, including 163,000 CFA^®; charterholders, and 150+ member societies. For more information, visit www.cfainstitute.org.