Description: The collapse of Barings Bank, the oldest merchant bank in Britain, was a shock to the financial industry throughout the world. This volume is the first organized material to explain how and why this established bank with a history of 233 years bankrupted within a few days. It explains in a structured and easytounderstand manner the concept of financial derivatives, with an analysis of futures and options and their market. This is a practical reference for finance professionals, economic or finance undergraduates.
