This title is an collection of cutting-edge chapters that outline developments in options since 1998 to date. The book encompasses modelling, pricing and hedging techniques for various exotic (eg, Barrier) options as well as generic ?American style? options. The volume is edited by Alexander Lipton, a leading and respected expert in this field, who successfully brings together in this excellent volume the most important and cutting-edge subjects related to exotic options that have been written by renowned industry experts. The title comprises the following useful sections: volatility, which describes quantitative and qualitative elements; volatility and swaps; exotic options, which describes products and methods; and finally an incredibly useful section on exotic underlyers. This vital volume will be of interest to practitioners working at investment banks, financial consultancy companies, asset managers and hedge funds, as well as academics and post-graduate students in finance, mathematical finance, applied economics, and applied mathematics and finally to MBA students.