Credit Default Swaps

In a credit default swap, the credit protection buyer pays a fee to the credit protection seller to protect him from the default of a reference asset. As protection, the protection seller will make the payment to the protection buyer on the occurrence of a credit event.

This video from Khan Academy provides an introduction to credit default swaps and explains how they work.

Data Science in Finance: 9-Book Bundle

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Data Science in Finance: 9-Book Bundle

Data Science in Finance Book Bundle

Master R and Python for financial data science with our comprehensive bundle of 9 ebooks.

What's Included:

  • Getting Started with R
  • R Programming for Data Science
  • Data Visualization with R
  • Financial Time Series Analysis with R
  • Quantitative Trading Strategies with R
  • Derivatives with R
  • Credit Risk Modelling With R
  • Python for Data Science
  • Machine Learning in Finance using Python

Each book comes with PDFs, detailed explanations, step-by-step instructions, data files, and complete downloadable R code for all examples.