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April
2008
About
Derivative: Derivatives are financial contracts, which derive their
value from the "underlying" assets. The derivative itself is
merely a contract between two or more parties, whose price is derived
from one or more underlying assets. Its value is determined by fluctuations
in the underlying asset. The most common underlying assets include stocks,
bonds, commodities, currencies, interest rates and market indexes. Most
of the derivatives products have very high leverage.
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