Template:Equity swaps on futures: Difference between revisions

A trick for young players. For all this talk of {{eqderivprov|Futures Price Valuation}}, section {{eqderivprov|8.6}} is all about {{eqderivprov|Index Transaction}}s and {{eqderivprov|Index Basket Transaction}}s, where (since you can’t by an {{eqderivprov|Index}} directly, it not being a corporeal thing, but merely an interesting<ref>Look, just go with me on this one, would you?</ref> disembodied intellectual concept), so the cleanest way of getting actual exposure to an index is to buy [[futures]] on the {{eqderivprov|Index}}. It's that, or buying the actual shares underlying the index — which is quite the operational pain in the posterior, if there are a hundred shares: all that balancing whenever the index constituents change. Gah. You get the idea.