PDF-Contract specification colander futures contract

nr r nrnn r r rn  n  nrn n  n nn nr  n. 2 3 4 brPage 4br 5 6 7 8 9 10 11 12 13 14 brPage 5br 15 16 17 Topic 10. I. Futures Markets. 2. A. Forward vs. Futures Markets. 1. Forward contracting involves a contract initiated at one time and performance in accordance with the terms of the contract occurring at a subsequent time. . Tonight’s Agenda. Introduction. Futures and Forward Contracts. What’s Happening in the Market. Investment competition. $15 to enter competition . All money goes to prizes so more people = better prizes. $ versus . ¥ Nikkei 225 Index Futures. 1. Christopher Ting. Learning Objectives. Define quanto. Understand inter-market spread trading strategy. Analyze the P&L of a short quanto position. 2. Quanto. Lecture 10. Short Sale Example. Purchase of shares. April: Purchase . 500 . shares for $120 -$60,000. May: Receive dividend +500. July: Sell . 500 . shares for $100 per share +50,000. Net profit = -$9,500. Lec. 2: Intro to Futures Markets . (Hull, Ch. 2). Basic Definitions. 1. “Cash Market” or “Spot” contract is an agreement . (between two parties) to trade a commodity . (e.g. oranges, U.S. T-Bills, Currencies, ...) for cash immediately.. Lecture 19: Devising a Real-World Hedging Strategy: Optimal Hedge Ratio. (Part 2). Nick . Piggott & Wally Thurman. NCSU Agricultural & Resource Economics. March . 21, 2016. 11.45 am – 1.00pm. . Issued Quarterly . . April 2017 . Newsletter . . If you have any news, suggestions, kudos, thank you’s or thoughts, please let Eric know in person, by phone at 403-531-8631 ext 205, or by email at . 2. A. Forward vs. Futures Markets. 1. Forward contracting involves a contract initiated at one time and performance in accordance with the terms of the contract occurring at a subsequent time. . Example: A highly prized St. Bernard has just given birth to a litter of pups. A buyer agrees to buy one pup for $400. The exchange cannot take place for 6 weeks. The buyer and seller agree to exchange (sell) the pup in 6 weeks for $400. This is a forward contract; both parties are obligated to go through with the deal.. Campbell R. Harvey. Fuqua School of Business. Duke University. charvey@mail.duke.edu. http://www.duke.edu/~charvey. Overview. Forward contracts. Futures contracts. The relationship between forwards and futures. USDINR CURRENCY PAIR. A) CONTRACT SPECIFICATION FOR WEEKLY FUTURES CONTRACT ON USDINR - Underlying US Dollar – INR Rupee spot rate (USD - INR) Symbol USDINR Instrument Type FUTCUR Unit of Trading and Futures Markets. 1. Forward Contract. Is an agreement between two parties, a buyer and a seller, that calls for delivery of an asset at a future point in the time with a price agreed upon today.. . PAPER –CC 303 MODULE -II. FINANCIAL ENGINEERING. S.MUKHERJEE. FUTURES PRICES AND SPOT PRICES. The futures price converges to the spot price of the underlying asset as the delivery period for a futures contract is approached. When the delivery period is reached, the futures price equals—or is very close to—the spot price.. Michael Taylor. FinPricing. https://finpricing.com/download.html. Currency Future. . A currency future or an FX future is a future contract between two parties to exchange one currency for another at a fixed exchange rate on a fixed future date. .