Ch. 1. Introduction -- Ch. 2. Mechanics of futures markets -- Ch. 3. Hedging strategies using futures -- Ch. 4. Interest rates -- Ch. 5. Determination of forward and futures prices -- Ch. 6. Interest rate futures -- Ch. 7. Swaps -- Ch. 8. Mechanics of options markets -- Ch. 9. Properties of stock options -- Ch. 10. Trading strategies involving options -- Ch. 11. Introduction to binomial trees -- Ch. 12. Valuing stock options : the black-scholes model -- Ch. 13. Options on stock indices and currencies -- Ch. 14. Futures options -- Ch. 15. The Greek letters -- Ch. 16. Valuation using binomial trees -- Ch. 17. Volatility smiles -- Ch. 18. Value at risk -- Ch. 19. Interest rate options -- Ch. 20. Exotic options and other nonstandard products -- Ch. 21. Credit derivatives -- Ch. 22. Weather, energy, and insurance derivatives -- Ch. 23. Derivatives mishaps and what we can learn form them.