Single Stock Futures: A Trader's Guide

ISBN-13: 9780470853153 / Angielski / Twarda / 2003 / 150 str.

Patrick L. Young; Charles Sidey; Charles Sidey

Opis

Single Stock Futures are regarded by many as the ultimate derivative. Having finally made their US trading debut in November 2002, the market is set for explosive global growth during 2003 and 2004. Written by experienced traders, this is the first practical guide to this exciting new product as increasingly traded throughout the world.

Spis treści

Foreword.

Acknowledgements.

Introduction: Another New Product, Another Revolution.

Prologue: The Next Frontier.

1. A Simple Q&A.

2. Basics of Single Stock Futures.

3. Trading Single Stock Futures.

4. Corporate Actions.

5. Users of Single Stock Futures.

6. Margin, Clearing, and Settlement.

7. Single Stock Futures and Indices.

Conclusion.

Exchanges.

Web Acknowledgements.

Bubliography.

Index.

O autorze

PATRICK YOUNG is Executive Chairman of erivatives.com, and has been instrumental in the development of single stock futures worldwide. The author of the bestselling Capital Market Revolution, he has advised various exchanges, investment banks and governments about capital market strategy. Patrick is a regular guest on CNBC Europe, a respected media commentator and a highly regarded keynote speaker and lecturer.

CHARLES SIDEY has considerable experience in both retail and institutional brokerage. He helped to set up the CreditAnstalt Global Futures operation in 1995 and subsequently was closely involved in the establishment of Global Dealing Direct. He is noted for his teaching of the financial markets to students and traders alike.

Blurb

As yet, single stock futures are still in their infancy, but they now represent the most exciting new product launch within the equity derivatives arena. They have a multiplicity of advantages for many traders and investors, being cheap, easy to understand, and a highly efficient use of capital to enhance investor opportunities.

Single Stock Futures is a practical, easy–to–read and comprehensive guide that will help traders and investors understand and utilise this innovative and exciting product.

"SSFs have been portrayed...as a new stage in the evolution of financial derivatives – which is certainly the case. But they could be more than that: they could radically alter the dynamics of equity investing...The possibilities are huge, but as yet only dimly perceived."

From Single Stock Futures – The Ultimate Derivative, written by David Lascelles for the Centre for the Study of Financial Innovation.