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Erschienen in:
1993 | OriginalPaper | Buchkapitel
Financial futures
verfasst von : Janette Rutterford
Erschienen in: Introduction to Stock Exchange Investment
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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In the earlier chapters of this book, we introduced the major types of securities, bonds and ordinary shares. We now cover an increasingly important element of investment, namely derivatives. Derivatives are instruments based on the underlying securities of bonds and ordinary shares which enable investors to reduce risk or enhance returns on these securities. Chapter 6 will concentrate on futures contracts and Chapter 7 on options.