Archive for August, 2009

FORWARD CONTRACTS ON individual STOCKS

Monday, August 17th, 2009

Consider an asset manager responsible for the portfolio of a high-net-worth individual. As is sometimes the case, such portfolios may be concentrated in a small number of stocks, sometimes stocks that have been in the family for years. In many cases, the individual may be part of the founding family ...

THE STRUCTURE OF GLOBAL FORWARD MARKETS

Tuesday, August 4th, 2009

The global market for forward contracts is part of a vast network of financial institutions that make markets in these instruments as well as in other related derivatives, such as swaps and options. Some dealers specialize in certain markets and contracts, such as forward contracts on the euro or forward ...