Author: Patrick L.Young
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
Single Stock Futures – A Trader’s Guide
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Single Stock Futures are regarded by many as the ultimate derivative. Having finally made their US trading debut in November 2002, the market is set for explosive global growth during 2003 and 2004.
From the Back Cover
“SSFs have been portrayed…as a new stage in the evolution of financial derivatives – which is certainly the case. But they could be more than that: they could radically alter the dynamics of equity investing…The possibilities are huge, but as yet only dimly perceived.”
From Single Stock Futures – The Ultimate Derivative, written by David Lascelles for the Centre for the Study of Financial Innovation.
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