Futures - A way of trading financial instruments, currencies or commodities for a specific price on a specific date in the future. Unlike options, futures give the obligation (not the option) to buy or sell instruments at a later date. They can be used to both protect and to speculate against the future value of the underlying product.
Headache?... I have terrible headache. haha.
Derivatives - Trades that are constructed or derived from another security (stock, bond, currency, or commodity). Derivatives can be both exchange and non-exchange traded (known as Over the Counter or OTC). Examples of derivative instruments include Options, Interest Rate Swaps, Forward Rate Agreements, Caps, Floors and Swap options.
I shouldn't be here in uni on a saturday. It's supposed to be a rest day. In my rush to catch the bus, I forgot to bring my pen drive (USB not UBS..hahaha). Now, all my information I saved is still in my Z: drive which I need to come back to uni to save it into my pendrive. That Nick Leeson case study prove to be quite a tough one. I see my questions, and my mind went blank. And dun call me to go to sleep. hahaha. I'll faint again when I read back the questions. haha. So cold the lab. Suprisingly so many people in the lab, on a Saturday. haha.
7 comments:
yes it UBS drive...not USb drive...according to dr.zang hahahaha! wa....i remember learning OTC in bio class! hahahaha
wat's otc =p sorry ar.. me dunno everything =p
otc = over the counter. see..told u to take fin302 dun want...anyway, OTC is for european options. which means that the option can only be exercised ON the maturity date. hahaha.
confusing? ..there's american options too. hahahahahah
UBS?? united bus stupidity? ..haha
oh that otc arr.. also got learn it in FIn 301 arr.. =p me scared of 302 mah.. no guts =p
aiksss.. dun put al those financing-financy-finances-financed words leh.. i dun understand T.T
hahaha....saja wanna play around.. if u see my new post...google map..quite cool cuz can see my house.!!
i dunno ur house.....hahahahha
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