Exotic Commodities

Exotic Commodities PDF

Author: Frank Dikötter

Publisher: Columbia University Press

Published: 2007-03-27

Total Pages: 412

ISBN-13: 9780231511872

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Exotic Commodities is the first book to chart the consumption and spread of foreign goods in China from the mid-nineteenth century to the advent of communism in 1949. Richly illustrated and revealing, this volume recounts how exotic commodities were acquired and adapted in a country commonly believed to have remained "hostile toward alien things" during the industrial era. China was not immune to global trends that prized the modern goods of "civilized" nations. Foreign imports were enthusiastically embraced by both the upper and lower classes and rapidly woven into the fabric of everyday life, often in inventive ways. Scarves, skirts, blouses, and corsets were combined with traditional garments to create strikingly original fashions. Industrially produced rice, sugar, wheat, and canned food revolutionized local cuisine, and mass produced mirrors were hung on doorframes to ward off malignant spirits. Frank Dikötter argues that ordinary people were the least inhibited in acquiring these products and therefore the most instrumental in changing the material culture of China. Landscape paintings, door leaves, and calligraphy scrolls were happily mixed with kitschy oil paintings and modern advertisements. Old and new interacted in ways that might have seemed incongruous to outsiders but were perfectly harmonious to local people. This pragmatic attitude would eventually lead to China's own mass production and export of cheap, modern goods, which today can be found all over the world. The nature of this history raises the question, which Dikötter pursues in his conclusion: If the key to surviving in a fast-changing world is the ability to innovate, could China be more in tune with modernity than Europe?

Exotic Options and Hybrids

Exotic Options and Hybrids PDF

Author: Mohamed Bouzoubaa

Publisher: John Wiley & Sons

Published: 2010-05-17

Total Pages: 405

ISBN-13: 0470688033

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The recent financial crisis brought to light many of the misunderstandings and misuses of exotic derivatives. With market participants on both the buy and sell-side having been found guilty of not understanding the products they were dealing with, never before has there been a greater need for clarification and explanation. Exotic Options and Hybrids is a practical guide to structuring, pricing and hedging complex exotic options and hybrid derivatives that will serve readers through the recent crisis, the road to recovery, the next bull market and beyond. Written by experienced practitioners, it focuses on the three main parts of a derivative’s life: the structuring of a product, its pricing and its hedging. Divided into four parts, the book covers a multitude of structures, encompassing many of the most up-to-date and promising products from exotic equity derivatives and structured notes to hybrid derivatives and dynamic strategies. Based on a realistic setting from the heart of the business, inside a derivatives operation, the practical and intuitive discussions of these aspects make these exotic concepts truly accessible. Adoptions of real trades are examined in detail, and all of the numerous examples are carefully selected so as to highlight interesting and significant aspects of the business. The introduction of payoff structures is accompanied by scenario analysis, diagrams and lifelike sample term sheets. Readers learn how to spot where the risks lie to pave the way for sound valuation and hedging of such products. There are also questions and accompanying discussions dispersed in the text, each exploited to illustrate one or more concepts from the context in which they are set. The applications, the strengths and the limitations of various models are highlighted, in relevance to the products and their risks, rather than the model implementations. Models are de-mystified in separately dedicated sections, but their implications are alluded to throughout the book in an intuitive and non-mathematical manner. By discussing exotic options and hybrids in a practical, non-mathematical and highly intuitive setting, this book will blast through the misunderstanding of exotic derivatives, enabling practitioners to fully understand and correctly structure, price and hedge theses products effectively, and stand strong as the only book in its class to make these “exotic” concepts truly accessible.

Dynamic Hedging

Dynamic Hedging PDF

Author: Nassim Nicholas Taleb

Publisher: John Wiley & Sons

Published: 1997-01-14

Total Pages: 536

ISBN-13: 9780471152804

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Destined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives. But the promise of ever larger profits also creates the potential for catastrophic trading losses. Now more than ever, the key to trading derivatives lies in implementing preventive risk management techniques that plan for and avoid these appalling downturns. Unlike other books that offer risk management for corporate treasurers, Dynamic Hedging targets the real-world needs of professional traders and money managers. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management. Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Dr. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame. He received an MBA from the Wharton School and a Ph.D. from University Paris-Dauphine.

Top 100 Exotic Food Plants

Top 100 Exotic Food Plants PDF

Author: Ernest Small

Publisher: CRC Press

Published: 2011-08-23

Total Pages: 691

ISBN-13: 1439856885

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Many edible plants considered exotic in the Western world are actually quite mainstream in other cultures. While some of these plants are only encountered in ethnic food markets or during travels to foreign lands, many are now finding their way onto supermarket shelves. Top 100 Exotic Food Plants provides comprehensive coverage of tropical and semi

Exotic Options and Hybrids

Exotic Options and Hybrids PDF

Author: Mohamed Bouzoubaa

Publisher: John Wiley & Sons

Published: 2010-03-30

Total Pages: 405

ISBN-13: 047071008X

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The recent financial crisis brought to light many of the misunderstandings and misuses of exotic derivatives. With market participants on both the buy and sell-side having been found guilty of not understanding the products they were dealing with, never before has there been a greater need for clarification and explanation. Exotic Options and Hybrids is a practical guide to structuring, pricing and hedging complex exotic options and hybrid derivatives that will serve readers through the recent crisis, the road to recovery, the next bull market and beyond. Written by experienced practitioners, it focuses on the three main parts of a derivative’s life: the structuring of a product, its pricing and its hedging. Divided into four parts, the book covers a multitude of structures, encompassing many of the most up-to-date and promising products from exotic equity derivatives and structured notes to hybrid derivatives and dynamic strategies. Based on a realistic setting from the heart of the business, inside a derivatives operation, the practical and intuitive discussions of these aspects make these exotic concepts truly accessible. Adoptions of real trades are examined in detail, and all of the numerous examples are carefully selected so as to highlight interesting and significant aspects of the business. The introduction of payoff structures is accompanied by scenario analysis, diagrams and lifelike sample term sheets. Readers learn how to spot where the risks lie to pave the way for sound valuation and hedging of such products. There are also questions and accompanying discussions dispersed in the text, each exploited to illustrate one or more concepts from the context in which they are set. The applications, the strengths and the limitations of various models are highlighted, in relevance to the products and their risks, rather than the model implementations. Models are de-mystified in separately dedicated sections, but their implications are alluded to throughout the book in an intuitive and non-mathematical manner. By discussing exotic options and hybrids in a practical, non-mathematical and highly intuitive setting, this book will blast through the misunderstanding of exotic derivatives, enabling practitioners to fully understand and correctly structure, price and hedge theses products effectively, and stand strong as the only book in its class to make these “exotic” concepts truly accessible.

Animal Traffic

Animal Traffic PDF

Author: Rosemary-Claire Collard

Publisher: Duke University Press

Published: 2020-08-24

Total Pages: 122

ISBN-13: 1478012463

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Parrots and snakes, wild cats and monkeys---exotic pets can now be found everywhere from skyscraper apartments and fenced suburban backyards to roadside petting zoos. In Animal Traffic Rosemary-Claire Collard investigates the multibillion-dollar global exotic pet trade and the largely hidden processes through which exotic pets are produced and traded as lively capital. Tracking the capture of animals in biosphere reserves in Mexico, Guatemala, and Belize; their exchange at exotic animal auctions in the United States; and the attempted rehabilitation of former exotic pets at a wildlife center in Guatemala, Collard shows how exotic pets are fetishized both as commodities and as objects. Their capture and sale sever their ties to complex socio-ecological networks in ways that make them appear as if they do not have lives of their own. Collard demonstrates that the enclosure of animals in the exotic pet trade is part of a bioeconomic trend in which life is increasingly commodified and objectified under capitalism. Ultimately, she calls for a “wild life” politics in which animals are no longer enclosed, retain their autonomy, and can live for the sake of themselves.

Food in Wartime Britain

Food in Wartime Britain PDF

Author: Natacha Chevalier

Publisher: Routledge

Published: 2020-04-28

Total Pages: 150

ISBN-13: 0429769393

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Based on deep analysis of Mass Observation wartime diaries, Food in Wartime Britain explores the food experience of the British middle classes in their own words throughout the course of the Second World War. It reveals that, while the food practices of the population were modified by rationing and food scarcity, social class and personal circumstances were key dimensions of the wartime food experience that demand to be taken into account in the historical narrative of the Home Front.

Acquiring Cultures

Acquiring Cultures PDF

Author: Bénédicte Savoy

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2018-12-03

Total Pages: 324

ISBN-13: 311054508X

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As more parts of the world outside Europe became accessible =– and in the wake of social and technological developments in the 18th century – a growing number of exotic artefacts entered European markets. The markets for such objects thrived, while a collecting culture and museums emerged. This book provides insights into the methods and places of exchange, networks, prices, expertise, and valuation concepts, as well as the transfer and transport of these artefacts over 300 years and across four continents. The contributions are from international experts, including Ting Chang, Nélia Dias, Noëmie Etienne, Jonathan Fine, Philip Jones, Sylvester Okwunodu Ogbechie, Léa Saint-Raymond, and Masako Yamamoto.

Histories of Health and Materiality in the Indian Ocean World

Histories of Health and Materiality in the Indian Ocean World PDF

Author: Anne Gerritsen

Publisher: Bloomsbury Publishing

Published: 2023-01-12

Total Pages: 202

ISBN-13: 1350195901

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Introducing materiality into the study of the history of medicine, this volume hones in on communities across the Indian Ocean World and explores how they understood and engaged with health and medical commodities. Opening up spatial dimensions and challenging existing approaches to knowledge, power and the market, it defines 'therapeutic commodity' and explores how different materials were understood and engaged with in various settings and for a number of purposes. Offering new spatial realms within which the circulation of commodities created new regimes of meaning, Histories of Health and Materiality in the Indian Ocean World demonstrates how medicinal substances have had immediate and far-reaching economic and political consequences in various capacities. From midwifery and umbilical cords, to the social spaces of soap, perfumes in early modern India and remedies for leprosy, this volume considers a vast range of material culture in medicinal settings to better understand the history of medicine and its role in global connections since the early 17th century.

Exotic Options: A Guide To Second Generation Options (2nd Edition)

Exotic Options: A Guide To Second Generation Options (2nd Edition) PDF

Author: Peter Guangping Zhang

Publisher: World Scientific

Published: 1998-06-17

Total Pages: 696

ISBN-13: 9814496146

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This is the first systematic and extensive book on exotic options. The book covers essentially all popular exotic options currently trading in the Over-the-Counter (OTC) market, from digitals, quantos, spread options, lookback options, Asian options, vanilla barrier options, to various types of exotic barrier options and other options. Each type of exotic options is largely written in a separate chapter, beginning with the basic concepts of the products and then moving on to how to price them in closed-form solutions. Many pricing formulae and analyses which have not previously appeared in the literature are included and illustrated with detailed examples. It will be of great interest to traders, marketers, analysts, risk managers, professors, graduate students, and anyone who is interested in what is going on in the rapidly changing financial market.