Long Short Hedges A long futures hedge is appropriate when you know you will purchase an asset in the future and want to lock in the price A short futures hedge is appropriate when you know you will sell an asset in the future want to lock in the price

Consumption vs Investment Assets Investment assets are assets held by significant numbers of people purely for investment purposes (Examples: gold, silver) Consumption assets are assets held primarily for consumption(Examples: copper, oil)

Futures Contracts Available on a wide range of underlying assets · Exchange traded · Specifications need to be defined: What can be delivered, - Where it can be delivered, When it can be delivered Settled daily Options, Futures, and Other Derivatives,5 5th edition2002 by John.hull

The nature of derivatives a derivative is an instrument whose value depends on the values of other more basic underlying variables Options, Futures, and Other Derivatives, 5th edition C 2002 by John C. Hull

30.2 Big Losses by Financial Institutions Allied Irish Bank($700 million) Barings($1 billion) Chemical Bank($33 million) Daiwa ($1 billion) Kidder Peabody ($350 million) LTCM ($4 billion) Midland Bank ($500 million) National Bank ($130 million) Sumitomo ($2 billion)

一、国际工程承包合同的地位 在招标文件和与承包商签订的合同中,合同条件是最 核心、最重要的内容。合同条件既是投标人报价的基础 ,也是合同签订后双方履行合同最重要的依据

BOT是在国际上近十几年来兴起的一种基础设施建设的融资和项目管理模式，是一种利用外资和民营资本兴建基础设施的很有前途的新模式。本章介绍BOT项目的基本概念、模式、结构、产生的背景等。 第一节 BOT项目概述 第二节 BOT项目的程序和参与方 第四节 BOT项目的合同

第一节 世界银行 第二节 外国政府贷款

第一节 国际劳务合作概述 第二节 我国对外劳务合作政策和管理体制 第三节 各国劳务政策和劳务市场 第四节 国际劳务合作合同

第一节 国际租赁概述 第二节 国际租赁方式 第三节 国际租赁合同 第四节 租金计算 第五节 国际租赁机构及业务程序 第六节 中国飞机租赁介绍