Template:M summ Equity Derivatives 1.3

Section 1.3 Forward Transactions

We have a fair bit of information about forward transactions generally in our article on forward sales. This is, on one hard, merely an over-the-counter version of a futures contract, but on another is a fairly important component in asset financing, repurchase and securities lending — all of which are unglamorous, but yet fundamental, components of the plumbing of the financial system.

The older the JC has got, the more important boring old asset financing has seemed.