衍生品与套期保值概述(英文版)(ppt 52页)

衍生品与套期保值概述(英文版)目录：
1 Forward Contracts
2 Futures Contracts
3 Hedging
4 Interest Rate Futures Contracts
5 Duration Hedging
6 Swap Contracts
7 Actual Use of Derivatives
8 Summary & Conclusions

 

衍生品与套期保值概述(英文版)内容提要：
Forward Contracts：
A forward contract specifies that a certain commodity will be exchanged for another at a specified time in the future at prices specified today.
Its not an option: both parties are expected to hold up their end of the deal.
If you have ever ordered a textbook that was not in stock, you have entered into a forward contract.
Futures Contracts: Preliminaries
A futures contract is like a forward contract:
It specifies that a certain commodity will be exchanged for another at a specified time in the future at prices specified today.
A futures contract is different from a forward:
Futures are standardized contracts trading on organized exchanges with daily resettlement (“marking to market”) through a clearinghouse.

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