Financial Calculus by Martin Baxter

Discussion in 'Educational Resources' started by aphexcoil, Jun 18, 2003.

  1. Is this book worth getting for a firm understanding of derivative pricing? How does this book compare to Hall's book?
  2. Brother Aphie,

    I assume you mean Hull, not Hall...

    Hull is OK for the basics, but if you want to go into the stochastic calculus, Hull is not sufficient... Baxter and Rennie's book does better than Hull, but is too brief and does not explain the math very deeply...

    I would go for either Neftci or for one of Wilmott's books...

  3. Wilmott seems to have great resources for every level of option trader.