Derivatives

类比数学里 Derivatives 的概念,因变量相对自变量变化的变化程度,我们给出金融里 Derivatives 的定义。

[!note] Derivatives A derivative is a financial instrument whose value depends on or derives from the value of an underlying asset or variable.

TermsDefinition
Futuresan agreement to buy or sell an asset at a future date.
Forwardsfutures contract that don’t trade on an open exchange. Each forwards contract is a custom contract directly between the 2 parties.
Optionsgive the right (not obligation) to buy/sell the stock at a strike price by the expiration of the option.
Swaps