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"This text offers advanced undergraduates, MBA students and executives the theory and practical tools needed to price and hedge derivatives in the professional marketplace."

"Tesis ini membahas tentang faktor-faktor yang mempengaruhi kinerja industri perusahaan sekuritas di Indonesia. Berdasarkan teori struktur, perilaku, dan kinerja maka kinerja perusahaan sekuritas yang diukur dengan profitabilitas dapat dipengaruhi oleh konsentrasi pasar (traditional hypothesis), pangsa pasar (differentiation hypothesis), dan efisiensi (efficiency structure hypothesis). Hasil penelitian lain menunjukkan bahwa  variabel makroekonomi seperti tingkat suku bunga acuan juga dapat mempengaruhi kinerja perusahaan. Tesis ini menggunakan regresi data panel dengan metode Estimated Generalized Least Square (EGLS) dengan efek acak yang secara statistik menunjukkan bahwa efisiensi, tingkat suku bunga acuan, dan pangsa pasar mempengaruhi profitabilitas perusahaan sekuritas. Sedangkan variabel lain yang mewakili konsentrasi pasar yaitu rasio konsentrasi secara statistik tidak mempengaruhi profitabilitas perusahaan sekuritas.

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This thesis discusses the factors that influence the performance of the securities firms in Indonesia. Based on the theory of structure, conduct, and performance (SCP), the firms performance, measured by profitability, will be influenced by market concentration (traditional hypothesis), market share (differentiation hypothesis), efficiency (efficiency structure hypothesis). Another theory stated that macroeconomic variables such as interest rate can affect firms performance. This thesis uses panel data regression with Estimated Generalized Least Square (EGLS) method with random effect which statistically shows that efficiency, interest rate, and market share affect profitability of securities firms. While other variable representing market concentration, concentration ratio does not affect profitability."