US EditionThe evolution of basis trading: principles, techniques and new frontiers - Global Trading
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The evolution of basis trading: principles, techniques and new frontiers - Global Trading
By Federico Bardelli and Ivan Brambilla – Market Hub, IMI Corporate & Investment Banking Division, Intesa Sanpaolo. Introduced in the second half of the 19th century, financial derivatives represent one of the most significant innovations in the history of financial markets. Initially designed to address the growing need for hedging against price fluctuations in agricultural commodities, they have since evolved to serve speculative and arbitrage…
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