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An authoritative and practical major work, giving you an accurate and insightful guide to the full spectrum of derivatives, from the simplest to the most complex, as well as the law, regulation, documentation and practice surrounding them. This is the standard work on the subject for both novice and experienced practitioners alike.

The second edition of this in-depth practical guide encompasses all the changes since the last edition including the relationship between the financial crisis and derivatives, especially credit derivatives, regulation and structured finance.