Synopses & Reviews
As yet, single stock futures are still in their infancy, but they now represent the most exciting new product launch within the equity derivatives arena. They have a multiplicity of advantages for many traders and investors, being cheap, easy to understand, and a highly efficient use of capital to enhance investor opportunities.
Single Stock Futures is a practical, easy-to-read and comprehensive guide that will help traders and investors understand and utilise this innovative and exciting product.
"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.
Synopsis
An in-depth look at the hottest new financial derivative Single Stock Futures (SSF) are futures traded on individual stocks. They represent one of the most interesting developments in the field of financial derivatives in over a decade. Written by two of the leading advocates of this new financial instrument, Single Stock Futures is an accessible, information-packed guide that will introduce investors to an extremely popular trading vehicle, whose importance will continue to increase with its introduction into U.S. markets. It details what single stock futures are, how they work, and what trading strategies can be used to make the most out of them. Readers will learn how this investment vehicle can carry stock trading to a whole new level with the tool of futures and options on individual stocks.
Synopsis
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. Written by experienced traders, this book is the first practical guide to an innovative product that is increasingly being traded throughout the world.
Synopsis
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. Written by experienced traders, this is the first practical guide to this exciting new product as increasingly traded throughout the world.
About the Author
PATRICK YOUNG is Executive Chairman of erivatives.com, and has been instrumental in the development of single stock futures worldwide. The author of the bestselling
Capital Market Revolution, he has advised various exchanges, investment banks and governments about capital market strategy. Patrick is a regular guest on CNBC Europe, a respected media commentator and a highly regarded keynote speaker and lecturer.
CHARLES SIDEY has considerable experience in both retail and institutional brokerage. He helped to set up the CreditAnstalt Global Futures operation in 1995 and subsequently was closely involved in the establishment of Global Dealing Direct. He is noted for his teaching of the financial markets to students and traders alike.
Table of Contents
Foreword.
Acknowledgements.
Introduction: Another New Product, Another Revolution.
Prologue: The Next Frontier.
1. A Simple Q&A.
2. Basics of Single Stock Futures.
3. Trading Single Stock Futures.
4. Corporate Actions.
5. Users of Single Stock Futures.
6. Margin, Clearing, and Settlement.
7. Single Stock Futures and Indices.
Conclusion.
Exchanges.
Web Acknowledgements.
Bubliography.
Index.