November 2019
Beginner
394 pages
10h 31m
English
Asset classes are the different kinds of actual vehicles that are available for trading at different exchanges. For example, cash interest rate bonds, cash foreign exchange, and cash stock shares are what we described in the previous section, but we can have financial instruments that are derivatives of these underlying products. Derivatives are instruments that are built on top of other instruments and have some additional constraints, which we will explore in this section. The two most popular derivatives are futures and options, and are heavily traded across all derivatives electronic exchanges.
We can have future contracts pertaining to underlying commodities, energy, equities, interest rate bonds, and foreign exchanges ...