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70 reviewsFinancial markets are typically characterized by transparent pricing and specific trading regulations. The costs, fees and market forces determine the price of traded securities and the risk embedded in any single trade.
The third edition of Understanding Financial Risk Management features a separated chapter for high-frequency data, as well as two new chapters, on commodity risk and digital finance and risk, respectively.A general refinement has been done throughout the text in terms of editing and corrections, in order to improve the learning experience of the students and enhance the understanding of the various topics.
Overall, the book aims to keep a solid foundation of theory and applications, while looking forward to include modern topics and introduce the students to the digital era and other innovations.
