Updated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics. Salient Features* Expansion and reorganization of chapters that now cover forward, futures, and swaps in a more student-friendly manner.* Business Snapshots provide additional descriptions of real-world examples and issues of interest are highlighted throughout the text.* New release of DerivaGem that includes Excel functions and examples of how they can be used.* Extended chapter on the Introduction to Binomial Trees* Completely updated and reorganized.* Material on weather, energy, and insurance derivatives.