Explore the fundamentals of derivatives, their historical development, and their functions in the financial ecosystem, including hedging, speculation, and financial engineering.
Explore how derivatives function as substitutes for underlying assets, their role in risk management and portfolio optimization, and their speculative uses impacting market liquidity.
Discover the diverse users of derivatives, including individual investors, institutional investors, businesses, and derivative dealers, and understand their motivations and strategies in the Canadian financial landscape.
Explore common option strategies for speculation and hedging, including buying calls and puts, and writing covered and naked options, with detailed examples and risk-reward analysis.
Explore the distinctions between forward and futures contracts, their uses in hedging and speculation, and their roles in the Canadian financial market.
Explore the role of derivatives in Canadian financial markets, including options and forwards, their uses in hedging and speculation, and regulatory considerations.