Derivatives
March 6th, 2014
Derivatives are financial contracts for which the price is derived from the value of one or more other instruments. These are called underlying(s) of the derivative and they can be equities, bonds, commodities or precious metals, or benchmarks such ...
Securities
March 6th, 2014
A security is a fungible, negotiable instrument representing financial value. Securities are broadly categorized into debt securities, such as bonds and debentures, and equity securities, e.g. common stocks. The company or other entity issuing the security is called the ...