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|The Jolly Contrarian’s Glossary |
The snippy guide to financial services lingo.™
A little known fact is that Noel Edmonds, that doyen of british children’s entertainment in the Seventies, was a pioneering derivatives practitioner, although it is obvious when you think about it.
He had a TV show called Noel Edmonds’ Multi-Coloured Swap Shop, a key segment of which was an interactive discussion with a panel of eleven year-olds about the relative merits in a stressed market of Market Quotation and Close-out Amount.