Derivatives · glossary
A forward fixes today the price of one exchange on a later date, and binds both sides. A future is the same promise in a standard size, traded on an exchange. Atlas traded neither. Chapter 1 · Chapter 3
Explained in Chapter 1, What a Derivative Is, of Derivatives.
A forward fixes a price today for one later date. When the day comes, the party on the wrong side of that price pays the difference. A future is the same promise in a standard size, traded on an exchange. Atlas will trade no futures, because its loan has its own amount and its own dates.Read Chapter 1, What a Derivative Is →
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Derivatives → · All terms A–Z →