Complementary Markets

  • J. Dundas Hamilton


The Government White Paper Financial Services in the United Kingdom — a new framework for investor protection defines ‘investments’ in three principal categories:
  1. (i)

    securities, including

    • shares and debentures, including certificates of deposit;

    • units in unit trusts;

    • Government, local authority and nationalised industry stock;

    • warrants, options and similar rights;

    • mortgage-based paper of the type extensively traded under a variety of female (and one or two male) nicknames in the United States (for example Ginnie and Fannie Mae);

  1. (ii)

    financial and commodity futures and options contracts including comparable deferred delivery contracts;

  1. (iii)

    participatory rights in other forms of property (for example plantations and bloodstock).



Stock Exchange Future Market Striking Price Option Market Exercise Price 
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Copyright information

© J. Dundas Hamilton 1986

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  • J. Dundas Hamilton

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