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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© 1993 Janette Rutterford
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Rutterford, J. (1993). Financial futures. In: Introduction to Stock Exchange Investment. Palgrave, London. https://doi.org/10.1007/978-1-349-23045-7_6
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DOI: https://doi.org/10.1007/978-1-349-23045-7_6
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-59388-2
Online ISBN: 978-1-349-23045-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)