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Derivative markets an introduction

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Derivative Markets: An Introduction Download free books at... AP Faure Derivative Markets: An Introduction Download free eBooks at bookboon.com... Derivative Markets: An Introduction 1st

Trang 1

Derivative Markets: An

Introduction

Download free books at

Trang 2

AP Faure

Derivative Markets: An Introduction

Download free eBooks at bookboon.com

Trang 3

Derivative Markets: An Introduction

1st edition

© 2013 Quoin Institute (Pty) Limited & bookboon.com

ISBN 978-87-403-0598-2

Download free eBooks at bookboon.com

Trang 4

Derivative Markets: An Introduction

4

Contents

Contents

1.3 he inancial system in brief 9

1.4 Ultimate lenders and borrowers 10

1.5 Financial intermediaries 10

2 Derivative markets: forwards 25

2.4 Forward market: deintion 27

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Derivative Markets: An Introduction

5

Contents

2.7 Forwards in the debt markets 32

2.8 Forwards in the share / equity market 49

2.9 Forwards in the foreign exchange market 50

2.10 Forwards in the commodities market 60

2.11 Forwards on derivatives 61

2.12 Organisational structure of forward markets 61

3 Derivative markets: futures 65

3.5 Futures trading price versus spot price 72

3.6 Types of futures contracts 75

3.7 Organisational structure of futures markets 77

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