• The process of creating identical payoffs to a given asset without using the asset itself. This is used in arbitrage.
• Customized hybrid instruments created by blending an underlying price on a cash instrument with the price of a derivative instrument.
Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...
I have never met a man so ignorant that I couldn't learn something from him. - Galileo Galilei
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