Demystifying Exotic Products (BOK)
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One reason for financial crises is investors misusing and misunderstanding exotic products. Proper understanding of exotic structures might have helped. Demystifying Exotic Products contains the fundamentals on exotic products in relation to Interest rates, equity and FX exotics. This practical guidebook discusses how the product is structured, exists, works, as well as the risks involved, focusing on the essential information, like warning signs and aspects of a complex derivative. This reference equips investors with the proper understanding to make informed decisions.