Why Derivatives Are So Dangerous to the Financial System - Video
Stock-Markets / Derivatives Jul 20, 2016 - 12:51 PM GMTI'd like to talk about derivatives this evening
there's a lot of talk about derivatives and a lot of people have questions about
the rivers so here we go basically you know derivative is a financial instrument almost like an
insurance on an underlying acid and the modern-day derivatives market really
sprung up in nineteenth-century us in the Midwest especially chicago where you
know people came myou know to sell the grains the cattle and the buyers also came to buy the
grains in the cattle and for example a farmer who grew corn he wanted to lock in a price
you know in the future because he thought the price of corn Michael down
and he needed to know how much money he was going to get he would you know sell
a future in corn and the the buyer of the corn
Best regards,
By Mario Innecco
http://forsoundmoney.com
A Futures and Options broker in London for twenty years
Mario Innecco Archive |
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