Reading 56 Derivative Markets and Instruments (Layout)
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This reading is organized as follows:
Section 2 explores the definition and uses of derivatives and establishes some basic terminology.
Section 3 describes derivatives markets.
Section 4 categorizes and explains types of derivatives.
Sections 5 and 6 discuss the benefits and criticisms of derivatives, respectively.
Section 7 introduces the basic principles of derivative pricing and the concept of arbitrage.
Section 8 provides a summary.