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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: ToTradeWell who wrote (58715)5/6/2002 9:40:23 AM
From: Louis V. Lambrecht  Read Replies (2) | Respond to of 100058
 
ttw - a derivative is any financial instrument which is based on an underlaying.
Not only futures, but also options on futures, pure options, swaps, warrants, cash-for-difference, spreads,.... I would even add mutual funds into the derivatives as most in their brochure claim to mimic an index and as such also "derive" their value.


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