Derivates

INTRODUCTION “A derivative is like a razor, you can use it to shave and make yourself attractive for your girlfriend, you can slit your throat with it or you can use it to commit suicide.’(Anon.) This statement describes to us the problems, and on the other hand rewards, that the proper use of derivatives can bring. The derivatives market has developed responding to the uncertainty about prices, and therefore provided a means of separating …showed first 75 words of 2118 total…

…showed last 75 words of 2118 total…the World of Derivatives - Lewis, M, (1989), Liar’s Poker, Coronet Books. - Office of Kansas Securities Commission website. - Partnoy, F, (1997), FIASCO Blood in the water on Wall Street, Profile Books. - Piesse, J, Piesnell, K, and Ward, C, (1995), British Financial Markets and Institutions, Prentice Hall. - Pike, R, and Neale, W, (1996), Corporate Finance Investment, Prentice Hall. - Rutterford, J, (1993), Introduction to the Stock Exchange Investment, Macmillan. - Specimen handouts given out in Lectures