Thursday, 15 October 2015

Cima F2 Exam Question No 34

Question No 34:

What are the types of derivative?

  • Forward - the obligation to buy or sell a defined amount of a specific underlying asset, at a specified price at a specified future date.
  • Forward rate agreements - a contract to fix the interest charge on a floating rate loan.
  • Futures contracts - the obligation to buy or sell a standard quantity of a specific underlying item at a specified future date.
  • Swaps - an agreement to exchange periodic payments at specified intervals over a specified time period.
  • Options - the right, but not the obligation, to buy or sell a specific underlying asset on or before a specified future date.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.