This is the first systematic source which tries to explain how and why the 233-year old and the World's oldest merchant bank went into bankruptcy in a few days. It includes three parts with 10 chapters. Part I first describes what happened, then traces back the birth and historical glory of the Barings bank and family, and finally describes how it was sold to the Internationale Nederlanden Groep (ING). As many terms of financial derivatives are used in the first part, we try to provide an easy and systematic way to clarify the related financial derivatives products in Part II. This part first gives a general discussion of financial derivatives and a brief review of the historical development, growth, and magnitude of the financial derivatives markets. It then concentrates on futures and options in two chapters. Finally, we explain the hedging and speculating functions of financial derivatives and how they can be used in combination to achieve particular objectives. Part III provides necessary information on the Japanese financial markets and then analyzes how a single trader could have so much power as to bring about Barings fall. Finally, we try to provide the lessons from this event.

BARINGS BANKRUPTCY AND FINANCIAL DERIVATIVES

Business & Money

Zhang, Peter Guangping

Biography & History

World Scientific Publishing Company

<p>With the CNY revaluation perspectives, hundreds of billions of US dollars have been invested in various types of CNY-related derivative products. As a derivatives specialist with more than ten years' experience in the international financial market and with a working experience in China in the past few years, the author offers a volume on trading and other practical issues of CNY-related derivative products in the offshore marketplace.</p>

Chinese Yuan (Renminbi) Derivative Products

Economics

WSPC

With the CNY revaluation perspectives, hundreds of billions of US dollars have been invested in various types of CNY-related derivative products. As a derivatives specialist with more than ten years' experience in the international financial market and with a working experience in China in the past few years, the author offers a volume on trading and other practical issues of CNY-related derivative products in the offshore marketplace.

See the best price to sell, buy, or rent books by Zhang, Peter Guangping. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Zhang, Peter Guangping

See the best price to sell, buy, or rent books by Zhang, Peter Guangping. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

BARINGS BANKRUPTCY AND FINANCIAL DERIVATIVES

Chinese Yuan (Renminbi) Derivative Products

Chinese Yuan (Renminbi) Derivative Products