CHP 17 Flashcards
1
Q
1.1. Differences between futures and forwards
A
Standardized vs non-standardised
OTC vs exchange traded
Credit risk and margin
Delivery of the asset, hedging and speculating
2
Q
- Warrants
A
Option used by a company over its own shares. The holder has the right to purchase the shares at a specified price on at a specified future time.
