PPT-FUNC-UB.0043 Futures and Options Spring 2017 Part I: Forwards

FUNCUB0043 Futures and Options Spring 2017 Part I Forwards and Futures 2017 Figlewski 1 Sessions 1amp2 Course Overview and Introduction to Derivatives. 1. Introduction . The . more . producer know . about the markets, the . better equipped producer will . be, based on current market . conditions and . your specific objectives, to decide whether to . 6. th. Edition, Copyright . © John C. Hull 2005. 20.. 1. Credit Risk. Chapter 20. Options, Futures, and Other Derivatives. 6. th. Edition, Copyright . © John C. Hull 2005. 20.. 2. Credit Ratings. Chapter 11 FIXED - INCOME SECURITIES Outline • Futures and Forwards • Types of Contracts • Trading Mechanics • Trading Strategies • Futures Pricing • Uses of Chapter 3. 1. Options, Futures, and Other Derivatives, 7th Edition, Copyright © John C. Hull 2008. Hedge : . A trade designed to reduce risk.. Many . of the participants in futures markets are hedgers. Their aim is to use futures markets to reduce a particular risk that they face.. 6. th. Edition, Copyright . © John C. Hull 2005. 1. 8.. 1. Chapter 18. Value at Risk. Options, Futures, and Other Derivatives. 6. th. Edition, Copyright . © John C. Hull 2005. 1. 8.. 2. History of VaR. Chapter 2. Fundamentals of Futures and Options Markets. , 5. th. Edition, Copyright © John C. Hull 2004. 2.. 1. Futures Contracts. Available on a wide range of . underlying. Exchange traded. Specifications need to be defined:. . Issued Quarterly January 2017 . Newsletter January 2017. . 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 . MCX bullion Futures : snapshot. Performance FY-17. MCX Gold . MCX Silver. Average Daily Volumes . ( . In MT). 15. 783. Open Interest ( In MT). 12. 509. Average Daily Turnover . (in . Rs. . Cr). 4501. Options, Futures, and Other Derivatives, 8th Edition, . Copyright © John C. Hull 2012. 1. Long & Short Hedges. A long futures hedge is appropriate when you know you will purchase an asset in the future and want to lock in the price. ericj@resourcefulfutures.org. . Thank you and remember that YOUR contributions are what make the newsletter interesting and fun!. IN THIS ISSUE. :. * More murals in the dayroom!!!. . * A fantastic day spent with the Calgary Police Service!!!. Spring 2017. Class Notes. Prof. Stephen Figlewski. NYU Stern School of Business. KMEC 9-64. sfiglews@stern.nyu.edu. 212-998-0712. Silber and Smith, "What do traders do?". market making. proprietary trading . 16.. 1. 16.. 2. The Goals of Chapter 16. Introduce . mechanics of futures options. Properties of futures options. Pricing futures options using binomial trees. Pricing futures options with Black’s . Ch. 14, Copyright © John C. Hull 2016. Employee Stock Options. Chapter 14. 1. Fundamentals of Futures and Options Markets, 9th Ed, Ch 14, Copyright © John C. Hull 2016. 2. Nature of Employee Stock Options. FUTURES & OPTIONS. REGULATED. DERIVATIVES:. FUTURES . AND OPTIONS CONTRACTS . ON STOCKS, STOCK INDEXES, COMMODITIES, CURRENCIES. 2. Introduction. to regulated derivatives. Derivatives are quite complicated instruments.