A forward contract has no value at the time it is first entered into (i.e., its net present value is...

The gain attained or the loss incurred by the holder of a forward contract at delivery date. In general, the...

In general, leverage (or gearing) can be defined as borrowing funds to make investments. In the context of derivatives trading,...

An option contract is a derivative contract that grants its owner the right, without the obligation to buy (for a...

A process of terminating a swap by marking it to market and calculating its value in order to determine which...