Chapter 1. IntroductionChapter 2. Mechanics of Futures MarketsChapter 3. Hedging Strategies Using FuturesChapter 4. Interest RatesChapter 5. Determination of Forward and Futures PricesChapter 6. Interest Rate FuturesChapter 7. SwapsChapter 8. Securitization and the Credit Crisis of 2007Chapter 9. Mechanics of Options MarketsChapter 10. Properties of Stock OptionsChapter 11. Trading Strategies Involving OptionsChapter 12. Binomial TreesChapter 13. Wiener Processes and Ito's LemmaChapter 14. The Black-Scholes-Merton ModelChapter 15. Employee Stock OptionsChapter 16. Options on Stock Indices and CurrenciesChapter 17. Options on FuturesChapter 18. Greek LettersChapter 19. Volatility SmilesChapter 20. Basic Numerical ProceduresChapter 21. Value at RiskChapter 22. Estimating Volatilities and CorrelationsChapter 23. Credit RiskChapter 24. Credit DerivativesChapter 25. Exotic OptionsChapter 26. More on Models and Numerical ProceduresChapter 27. Martingales and MeasuresChapter 28. Interest Rate Derivatives: The Standard Market ModelsChapter 29. Convexity, Timing, and Quanto AdjustmentsChapter 30. Interest Rate Derivatives: Models of the Short RateChapter 31. Interest Rate Derivatives: HJM and LMMChapter 32. Swaps RevisitedChapter 33. Energy and Commodity DerivativesChapter 34. Real OptionsChapter 35. Derivatives Mishaps and What We Can Learn from Them