Xavier Puig and Oscar Elvira publish ‘Comprender Los Productos Derivados’ [Understanding Financial Derivatives]

Xavier Puig, with a PhD in Business Management and Administration from Pompeu Fabra University, and Oscar Elvira, a PhD in Economic Sciences, -both of whom are lecturers at UPF Barcelona School of Management in the field of Banking and Finance- have published the book ‘Comprender Los Productos Derivados’ [Understanding Financial Derivatives], an informative and didactic volume on all aspects surrounding this financial product.

A derivative, say the authors, is a pact whose terms are decided on one day, but the transaction is carried out at a later date and that is why it is known as a forward contract. In the book, different derivative instruments are analysed, as well as their jargon and terminology, illustrating how to use them to improve risk management, both for hedging transactions, and for investment.

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