Futures

Introduction

1. Overview
2. Why have Derivatives?

Forward Contracts, Indices, Index Futures

1. Forward Contracts?
2. What is an Index?
3. What are Index Futures?

Application of Index Futures

1. Hedging
2. Speculation
3. Arbitrage

Pricing of Index Futures

1. The cost of carry model
2. Pricing in case of dividend yield

Trading Strategies

1. Speculation
2. Hedging

Margins & Settlement

1. Margins
2. Settlement

Miscellaneous

1. How to read a Futures Tables?
2. Selecting the Right Index
3. Glossary

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