10.5 Forwards and Futures

In this section

• 10.5.1 Forwards
  Detailed exploration of forward contracts within financial markets, emphasizing their customized nature and potential counterparty risks.
• 10.5.2 Futures
  An in-depth analysis of futures contracts, focusing on their standardization and trading on exchanges, along with an explanation of margin requirements.
• 10.5.3 Hedging and Speculation with Futures
  Understanding the dual role of futures contracts as instruments for risk mitigation through hedging and opportunities for profit through market speculation in the Canadian securities market.