30.09.2009 - Back to basics: Of derivatives and their benefits
From Rediff.com: Generally, financial markets around the world are volatile in nature and hence always mean risk for the players involved! To reduce this risk, the derivatives were introduced. For the uninitiated, a derivative is a financial contract the value of which is "derived" from a long-standing security such as a stock or a bond, or even an asset, or a market index.....................Full Article: Source
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