Financial futures

  • Janette Rutterford
Chapter

Abstract

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.

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Copyright information

© Janette Rutterford 1993

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  • Janette Rutterford

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