Maidenhead, UK: McGraw-Hill, 2006
600pp, ISBN: 978-0-07-146495-6
This book is aimed at helping professional risk managers understand and operate within today’s dynamic new risk environment. This edition updates the original book, which focused on “Value at Risk” as a financial technique to measure risks run by trading and investment operations. New developments include a chapter on liquidity risk, and information on the latest risk instruments and the expanded derivatives market.