Transakcje terminowe i ich zastosowanie w zarządzaniu ryzykiem

Abstract

There are a lot of ways to hedge. The article presents futures and forward transactions as one of them. The article is divided into four parts. From the beginning we can find the general principals of mentioned above transactions. During every futures and forwards the necessary base transaction is short selling, so at the end of this part there is an example of one. The second part is a description of forwards, especially the most popular on the market like currency forward and Forward Rate Agreement. Next part describing the futures and finding the differences between them and forwards. We can find a lot about the standardization of conditions of contracts.