Anonymous shelf assessment
Practical Guide to Credit Index Derivatives
Shelf score 8.0 / 10
On Credit Index Derivatives: A Manual of Pricing, Trading, and Risk Management · Markit · Jpmorgan
Published 23 March 2026
This manual provides essential insights into trading credit indices.
Overview
Published in 2008 by Jpmorgan, this manual focuses on the mechanics of credit derivatives, specifically CDX and iTraxx indices, offering practical strategies for traders and risk managers. It is designed for practitioners in the finance sector, particularly credit traders and portfolio managers, and includes real market examples to illustrate key concepts.
The book serves as a comprehensive resource for understanding the intricacies of credit index trading, emphasising practical applications and strategies. Its technical nature may appeal to professionals seeking to deepen their knowledge of credit derivatives and enhance their trading skills.
By area & interest
Target Audience
This manual is best suited for credit traders, analysts, and risk managers who require a practical understanding of credit index derivatives.
Content Overview
The book covers the mechanics of CDX and iTraxx indices, providing readers with real market examples and practical strategies for effective trading.
Technical Depth
The content is relatively technical, making it essential for readers to have a foundational understanding of derivatives and risk management.
Basis of this assessment
Assessment based on catalogue description and Google Books metadata.
Strengths
The manual excels in its practical approach, offering detailed insights into credit index mechanics and strategies, making it a valuable resource for practitioners.
Limitations
Its relatively technical nature may pose challenges for those without a strong background in finance or derivatives.
Ideal reader
The ideal reader is a finance professional, such as a credit trader or portfolio manager, seeking to enhance their understanding of credit index derivatives.