O'Reilly logo

Managing Derivatives Contracts : A Guide to Derivatives Market Structure, Contract Life Cycle, Operations, and Systems by Khader Shaik

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 4

The Derivatives Contract

This chapter introduces the derivatives contract, which is a legal ­agreement between its holders. The protean variety and inherent complexity of ­derivatives make the trading and managing of their contracts challenging. This chapter begins with an explanation of the general characteristics of a ­derivatives contract and an account of the successive phases of the contract lifecycle. The various functional units of an organization involved in contract management and the role of each unit are also discussed. Finally, this chapter touches on contract lifecycle variations across the major product types. The topics and terminology presented in this chapter serve as the foundation for more detailed discussion in ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required