Understand Derivatives in a Day
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Financial derivatives are used as highly geared vehicles for making money, saving money or preventing its loss. They have the potential, if used correctly, to exploit volatility, produce results and avoid taxes.;As a registered representative of the London Stock Exchange and a founder member of the Institute of Financial Planning, the author advises would be investors how to hedge, straddle and control risk.;This new edition also covers the recent 'scandals' associated with the emergence of powerful hedge funds in the US.
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Financial derivatives are used as highly geared vehicles for making money, saving money or preventing its loss. They have the potential, if used correctly, to exploit volatility, produce results and avoid taxes.;As a registered representative of the London Stock Exchange and a founder member of the Institute of Financial Planning, the author advises would be investors how to hedge, straddle and control risk.;This new edition also covers the recent 'scandals' associated with the emergence of powerful hedge funds in the US.
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