2021 CFA Level I Exam: Study Session 16. Derivatives - Reading 48. Derivative Markets and Instruments

AnalystNotes specializes in helping candidates pass. Period.

	1. Introduction a. define a derivative and distinguish between exchange-traded and over-the-counter derivatives;
	2. Exchange-Traded versus Over-the-Counter Derivatives a. define a derivative and distinguish between exchange-traded and over-the-counter derivatives;
	3. Forward Commitments b. contrast forward commitments with contingent claims; c. define forward contracts, futures contracts, options (calls and puts), swaps, and credit derivatives and compare their basic characteristics;
	4. Contingent Claims b. contrast forward commitments with contingent claims; c. define forward contracts, futures contracts, options (calls and puts), swaps, and credit derivatives and compare their basic characteristics;
	5. Purposes and Criticisms of Derivative Markets d. describe purposes of, and controversies related to, derivative markets;
	6. Arbitrage e. explain arbitrage and the role it plays in determining prices and promoting market efficiency.

Thanks again for your wonderful site ... it definitely made the difference.

No flashcard found. Add a private flashcard for the reading.