An Introduction to Financial Derivatives

Futures trading, a derivative instrument, began in U.S. and was used to trade cotton, corn, and wheat at the Chicago Board of Trade. This presentation traces the origin of derivatives and introduces financial derivatives. It describes the different types of derivative instruments and explains the difference between each of them. The document explains the reason why they are traded and explains where they are traded.

Provided by: University of California Topic: Date Added: Nov 2004 Format: PDF

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