Derivatives

1. Introduction

2. Forwards and Futures

2.1. On interest rates

2.2. On currencies

2.3. On financial assets

3. Options

3.1. Introduction

3.2. Call and put options: pay-offs and benefits  

3.3. The put - call parity

3.4. Discrete-time option pricing: the Binomial Model

3.5. Continous-time option pricing: The Black-Scholes Model