Examlex
Explanatory studies are not cross-sectional.
Futures
Financial contracts obligating the buyer to purchase an asset, or the seller to sell an asset, at a predetermined future date and price.
Options
Financial derivatives that provide the holder the right, but not the obligation, to buy or sell an asset at a predetermined price on or before a specific date.
ETFs
Exchange-Traded Funds are investment funds traded on stock exchanges, much like stocks, and hold assets such as stocks, commodities, or bonds.
NAV
Net Asset Value; the total value of a fund's assets minus its liabilities, usually expressed as a price per share.
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