MANAGING EQUITY RISK
20.3 Value protection strategies
20.4 Vertical, horizontal and diagonal spreads
20.6 Using stock index futures and options
20.9 Warrants and convertibles
20.10 Exotic equity derivatives
Equity risk manifests itself as a variation in the value of individual shares, or that of an equity portfolio. This is essentially a price risk, as indeed is currency risk. The methods used to manage equity risk therefore have much in common with those discussed in Chapter 17 for handling currency risk. As we proceed though the various risk management techniques in this chapter, the close parallels ...
Get The Financial Times Handbook of Financial Engineering, 3rd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.