The CME Group Risk Management Handbook
Products and ApplicationseBook - 2010
"Wow! The CME Group Risk Management Handbook is a 'tenstrike' and long overdue. A must-read and reference for the riskmanagement industry!"
-- Jack Sandner , retired chairman of CME Group, memberof the Executive Committee
"This is a powerful book for its integration of futures andoptions markets with an understanding of the whole economy. It isan eye-opener to see how central these markets are to our economiclives."
-- Robert J. Shiller , Okun Professor of Economics, YaleUniversity; Chief Economist, MacroMarkets LLC
"Risk management is essential to successful investing, and The CME Group Risk Management Handbook provides theessentials for understanding risk management. In the wake of thefinancial turmoil of the last few years, managing risk should bepart of any investment program. Among the key elements of riskmanagement are stock index, bond, currency, and commodity futuresas well as a growing number of futures, options, swaps, and otherfinancial instruments built on indices tracking housing prices,weather conditions, and the economy. The CME Group RiskManagement Handbook offers a comprehensive guide for using allof these to better manage financial risks."
-- David M. Blitzer , PhD, Managing Director andChairman of the Index Committee, S&P Indices
"Dare we ignore the advice of a financial institution, thelargest of its kind in the world, that navigated the recentfinancial crisis without the aid of a single TARP dollar or accessto the Fed's cheap loans? For CME Group, risk management has meantrisk minimization as it enters its 151st year of life and its 85thyear of central counterparty clearing without a single trading debtunpaid. It has been, and continues to be, a leader byexample."
-- Philip McBride Johnson , former CFTC chairman
"For the first time, a comprehensive handbook outlining thefutures market in today's world is available. The CME Group RiskManagement Handbook covers futures basics for the novicetrader, while the veterans will benefit from an in-depth look atoptions and hedging. This handbook is a necessity for anyprofessional, investor, or other market participant seeking tomanage risk in the perpetually changing futures market."
-- H. Jack Bouroudjian , CEO, Index Futures Group