Archive for April, 2009
Tuesday, April 28th, 2009
A private transaction is not generally reported in the news or to any price-reporting service. Forward contracts are private contracts. Just as in most legal contracts, the parties do not publicly report that they have engaged in a contract. In contrast, a futures transaction is reported to the futures exchange, ...
Posted in Rights, Taxes | Comments Off
Saturday, April 25th, 2009
Although vestiges of futures markets appear in the Japanese rice markets of the 18th century and perhaps even earlier, the mid-1800s marked the first clear origins of modem futures markets. For example, in the United States in the 1840s, Chicago was becoming a major transportation and distribution center for agricultural ...
Posted in Futures markets | Comments Off
Monday, April 20th, 2009
The asymmetric nature of returns with regard to the price of the underlying instrument, and mirror image of returns to the holder and the writer, mean that options have a value to the holder even if the current stock price is below the call option’s strike price or above the ...
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Wednesday, April 15th, 2009
There was a time when opening the mail was something that people looked forward to. That is no longer the case. So imagine your sur prise if one morning you received a letter from your stockbroker enclosing a cer tificate, given in recognition of past business you have given them, ...
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