Description

The mechanics of equity index futures. Understand the concept and specifications of equity index futures, including hedging strategies using simple hedge ratios and beta adjustments, the importance of contract expiration, the futures roll, and the concept of futures basis.

Learning Objectives

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1. Identify the concept and specifications of equity index futures.
2. Identify hedging strategies using simple hedge ratios and beta adjustments.
3. Determine the importance of contract expiration, the futures roll, and the concept of futures basis.