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Portfolio Value
The total market value of all the investments held by an individual or institution, including stocks, bonds, and other securities.
Covered Interest Arbitrage
A strategy involving the conversion of currency into another at current exchange rates, investment in foreign interest-bearing instruments, and the simultaneous hedging of exchange rate risk with a forward contract.
Currency Futures
Standardized contracts to buy or sell a specific currency at a future date and at a predetermined price on the foreign exchange market.
Commodity Futures
Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, like a physical commodity or a financial instrument, at a predetermined future date and price.
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