Ever wondered how businesses and investors protect themselves from currency swings? Currency derivatives, such as futures, options, swaps, and forward contracts, offer powerful tools to manage and ...

A derivative is a financial instrument that derives its value from an underlying asset. The underlying asset can be equity, currency, commodities, or interest rate. Thus, a change in the underlying ...

Transactions of the American Mathematical Society, Vol. 263, No. 2 (Feb., 1981), pp. 493-500 (8 pages) Let $\Delta'$ be the class of all derivatives. The main goal of ...