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End of July
What is Risk?
Definition and Purpose of Hedging
Types of Risks: Market, Credit, Operational, etc.
Hedging vs. Speculation
Real-life Examples of Hedging
Derivatives Overview
Forwards
Futures
Options
Swaps
Non-Derivative Instruments
Diversification
Insurance
Natural Hedges
Mechanics of Futures Contracts
Short Hedge vs. Long Hedge
Forward Contracts in Currency and Commodities
Basis Risk and Convergence