On successful completion of the course unit students will be able to be familiar with concepts of financial derivatives and mechanism of these markets, and to understand how to use financial derivatives as a investment vehicle.The concept of financial derivatives include pricing mechanism, speculating, and hedging. The mechanism of markets also will be covered. Then, we learn how to use financial derivatives as investment vehicles.

On successful completion of the course unit students will be able to be familiar with concepts of financial derivatives and mechanism of these markets, and to understand how to use financial derivatives as a investment vehicle.The concept of financial derivatives include pricing mechanism, speculating, and hedging. The mechanism of markets also will be covered. Then, we learn how to use financial derivatives as investment vehicles.

The first part of the course unit is concerned with an introduction of various financial derivatives and the derivative markets and special attention will be paid to the Taiwanese market. The second part of the course will involve with components affecting the prices of derivatives and with discussion of how the derivatives are used in the market.

The first part of the course unit is concerned with an introduction of various financial derivatives and the derivative markets and special attention will be paid to the Taiwanese market. The second part of the course will involve with components affecting the prices of derivatives and with discussion of how the derivatives are used in the market.

Hull J. C., 2014, “Fundamentals of Futures and Options Markets”, Eighth Edition, Prentice-Hall, ISBN: 978-0-13-338285-3

The following book may be referred in the course if necessary:
張傳章, 2010, “期貨與選擇權”,雙葉, 第二版，ISBN:986-7433-11-4

Hull J. C., 2014, “Fundamentals of Futures and Options Markets”, Eighth Edition, Prentice-Hall, ISBN: 978-0-13-338285-3

The following book may be referred in the course if necessary:
Zhang Zhuan, 2010, “Futures and Choice Rights”, Double Leaf, Second Edition, ISBN:986-7433-11-4