Many see the launch
of the derivatives contract as a first step towards establishing cryptocurrencies as a legitimate asset class, paving the way toward an exchange - traded fund.
Not exact matches
The firm's
derivatives strategy team has concocted a trade known
as a put spread: Buy a specific number
of S&P 500
contracts expiring in February with a strike price
of 2,525, while selling the same number
of February puts with a strike price
of 2,400.
An increasing number
of investors have shown an interest in bitcoin,
as derivatives exchanges CBOE and CME both gear up to launch bitcoin futures
contracts.
Clearing houses manage credit risk, acting
as a middle - man in swaps and
derivatives trades to guarantee the
contract in the event that one
of the parties involved goes bust.
The agency, which argued that the London trading position was so large that it manipulated the market for financial
contracts known
as derivatives, sought an approximately $ 100 million fine and an acknowledgment
of wrongdoing from the bank.
Past opportunities include claims, judgements, private notes and financings, loans, distressed secondaries,
derivative contracts and other financial instruments in a variety
of situations such
as insolvencies, class actions, frauds and insurance liquidations.
As a side note, it is worth noting that changes in
contract size affected volume and open interest on the Korea Exchange, one
of the region's largest
derivatives markets.
«The AMF concludes that a cash - settled cryptocurrency
contract may qualify
as a
derivative, irrespective
of the legal qualification
of a cryptocurrency,» the AMF said in the statement,
as reported by CCN.
CME Group also operates CME Clearing, one
of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange - traded
contracts,
as well
as for over-the-counter
derivatives transactions through CME ClearPort.
Senator Sherrod Brown (D - Ohio) will convene a Senate Banking Committee hearing on Tuesday during which MillerCoors and experts critical
of banks» involvement in physical commodities activities and infrastructure assets such
as storage facilities and pipelines are likely to heavily criticize banks like Goldman and JPMorgan, which both own large warehouses that store aluminum and trade
derivatives contracts reflecting commodity prices.
Derivatives, such
as futures
contracts, forward
contracts, options, warrants, ETFs, and swaps are estimated by Jeff Desjardins
of The Money Project to range in size from $ 630 trillion to $ 1.2 quadrillion.
IG Group is a UK - based company providing trading in financial
derivatives such
as contracts for difference and financial spread betting and,
as of 2014, stockbroking to retail traders.
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange
of Bitcoin for another currency will not fall under the statutory definitions
of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading
of Bitcoin
derivatives will be limited to designated
contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin
as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such
as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all
of the attributes
of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment
contracts because Bitcoin is a form
of money) 13 and the Internal Revenue Service (treating Bitcoin
as property for tax purposes).14
Dec 28 Indian shares were little changed on Thursday ahead
of expiry
of derivatives contracts and on lingering concerns over government borrowing exceeding target, but metals stocks such
as Vedanta Ltd rose tracking global commodity prices.
In finance, a
derivative is a
contract that derives its value from the performance
of an underlying asset or other entity (such
as an index or interest rate).
Stocks, bonds and currency are three examples
of assets that are often used
as the underlying asset for
derivative contracts.
Examples
of these risks, uncertainties and other factors include, but are not limited to the impact
of: adverse general economic and related factors, such
as fluctuating or increasing levels
of unemployment, underemployment and the volatility
of fuel prices, declines in the securities and real estate markets, and perceptions
of these conditions that decrease the level
of disposable income
of consumers or consumer confidence; adverse events impacting the security
of travel, such
as terrorist acts, armed conflict and threats thereof, acts
of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread
of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment
of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount
of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion
of our assets pledged
as collateral under our existing debt agreements and the ability
of our creditors to accelerate the repayment
of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities,
derivatives, contingent obligations, insurance
contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss
of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price
of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times
of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability
of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Merricks Capital, which specialises in soft commodities, helped to create
derivative contracts with the major US hamburger companies to allow them to hedge the cost
of Australian beef while allowing them to profit from anomalies in global beef prices, such
as the perceived high price
of Australian cattle.
The Fund will invest a percentage
of its assets in
derivatives, such
as futures and options
contracts.
ETFs that use
derivatives — such
as forward
contracts, swaps and commodity futures — often have significant trading expense ratios (TERs), the lesser known cousins
of the MER.
These ProShares ETFs are non-diversified and entail certain risks, which may include risks associated with the use
of derivatives (such
as swap agreements, futures
contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all
of which can increase volatility and decrease performance.
This ProShares ETF is non-diversified and entails certain risks, which may include risks associated with the use
of derivatives (such
as swap agreements, futures
contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all
of which can increase volatility and decrease performance.
Derivatives Risk:
Derivatives are instruments, such
as futures and foreign exchange forward
contracts, whose value is derived from that
of other assets, rates or indices.
Single currency portfolios seek to profit by investing in a single currency through the use
of short - term money market instruments, cash deposits, and
derivatives, such
as forward currency
contracts, index swaps, and options.
When he inputs a
derivative used
as a hedge it allows the risk associated with the price
of the underlying asset to be transferred between both parties involved in the
contract being traded.
Derivatives values are affected by the performance
of the underlying asset or
as mentioned
contract.
France's prohibition on marketing to retail clients
of over-the-counter (OTC) financial
derivatives, such
as forex, binary options and
contracts for difference (CFDs), also includes sponsorship agreements, according to...
-LSB-...] use
derivatives — such
as forward
contracts, swaps and commodity futures — often have significant trading expense ratios (TERs), the lesser known cousins
of the -LSB-...]
Futures traders are traditionally placed in one
of two groups: hedgers, who have an interest in the underlying asset (which could include an intangible such
as an index or interest rate) and are seeking to hedge out the risk
of price changes; and speculators, who seek to make a profit by predicting market moves and opening a
derivative contract related to the asset «on paper», while they have no practical use for or intent to actually take or make delivery
of the underlying asset.
In the absence
of an actual financial market, we value these insured credit
derivatives at the estimated amount that financial guaranty insurers with comparable credit ratings
as us would require to assume these
contracts.
As a result
of our decision in February 2008 to not insure credit
derivative instruments and the potential that other market participants stop insuring credit
derivative contracts, coupled with the lack
of exchange transactions in the current market place, it may become more difficult to obtain observable market inputs for our valuations in the future.
Gold mining company reserves in the ground should gain appreciation
as the market loses confidence in «paper gold» assets
as the physical gold market tightens with increased investment flows and the ratio
of gold futures
contracts to warehouse inventories rises punctuates the scarcity
of physical gold to the amount
derivative gold instruments traded on a daily basis.
The fund normally invests at least 80 %
of its assets in a diversified portfolio
of Fixed Income Instruments
of varying maturities, which may be represented by forwards or
derivatives such
as options, futures
contracts or swap agreements.
The fund's investment in
derivative securities, such
as financial futures and option
contracts, and the fund's use
of foreign currency techniques involve special risks
as such may not achieve the anticipated benefits and / or may result in losses to the fund.
They don't have the analytical meanpower to deal with the complexity
of one
derivative swap book, much less all
of them, the hedge funds, the securitizations, the CDOs, etcAt best, they could
contract it out, asking the investment banks
as a consortium to set up a separate company to do the analysis for the New York Fed, and the Department
of the Treasury.
I have also argued that
derivatives should be regulated
as insurance
contracts, and subject to the doctrine
of insurable interest.
Derivatives are
contracts whose value is «derived» from some other investment, such
as a commodity, stock, bond, or currency, or an index
of such investments.
When you insure long - term risks (such
as mortality) or issue financial
derivatives (such
as interest rate swaps or
contracts on the future value
of the S&P 500) the risks are not easy to understand.
Purchase securities on margin, except such short - term credits
as may be necessary for the clearance
of purchases and sales
of securities and provided that margin deposits in connection with futures
contracts, options on futures or other
derivative instruments shall not constitute purchasing securities on margin.
As abstract representations of physical space, asset - backed securities (such as home mortgages), certain futures contracts (think of agricultural futures like grains and meats), and other derivative products all exist as speculative representations of space that indeed transform our material realit
As abstract representations
of physical space, asset - backed securities (such
as home mortgages), certain futures contracts (think of agricultural futures like grains and meats), and other derivative products all exist as speculative representations of space that indeed transform our material realit
as home mortgages), certain futures
contracts (think
of agricultural futures like grains and meats), and other
derivative products all exist
as speculative representations of space that indeed transform our material realit
as speculative representations
of space that indeed transform our material reality.
Business litigation includes several types
of business - related claims, such
as breach
of contract, partner disputes, shareholder disputes, IP enforcement, employment claims,
derivative actions, and more.
Finally, the economics
of each trade and other details are evidenced by Trade Confirmations, which are essentially one or more
contracts operating under the umbrella
of the Master Agreement
as modified by the Schedule and the Credit Support Annex (CSA), and which further tailor the transaction to fit the needs
of the parties and the
derivative product.
Mr. Hensley's litigation experience is broad in nature, encompassing such diverse practice areas
as: real estate issues
of almost any nature; construction defect litigation (both plaintiff and defense, representing developers, contractors, managers, subcontractors, and design professionals); federal and state securities class action /
derivative defense; partnership / corporate governance issues; UCC / commercial paper / letter
of credit issues; intellectual property / trade secret / unfair competition issues; wrongful termination / harassment trials; wage / hour class action defense;
contract formation and interpretation issues; bankruptcy adversary proceedings; health care disputes; telecommunications issues; and debtor / creditor financing issues involving both secured and unsecured interests.
ASC Blanket Order 91 - 505 provides an exemption for the legislated definition
of a futures
contract under the Act that captures an OTC
derivative transaction in Alberta
as a trade in a security.
We have extensive experience defending class claims in antitrust, securities and
derivative actions,
as well
as class consumer fraud, breach
of warranty,
contract, environmental tort and other regulatory claims against manufacturers, retailers, financial institutions and insurance carriers.
The next step is to study the data from the bitcoin futures
contract as part
of the build - up to what Tilly says could eventually turn into a
derivatives offering on the futures
contract itself.
Which agency would regulate the secondary trading
of a new coin offering that serves
as a reference price for a
derivatives contract?
Bitcoin
derivatives are assets that are sold
as contracts that derive their value from the performance
of the digital currency.
As the most detailed analysis to date concerning bitcoin securities and
derivatives regulation, the paper argues that «financial regulators should consider exempting or excluding certain financial transactions denominated in bitcoin from the full scope
of their regulations, much like private securities offerings and forward
contracts are treated».
As previously reported, recent efforts to create financial products around the cryptocurrency have hit some headwinds, particularly those that involve the creation
of derivatives contracts.