Rolling Stocks: Making Money on the Ups and Downs

• Authors: Gregory - Witt - Greg - Gregory Witt - Gregory;Witt
• ISBN 10: 0910019630
• ISBN 13: 9780910019637
• Edition: Second Edition
• Release: July 1, 1998
• Format: Hardcover (197 pages)
• List Price: $22.95
• More Details
  
  

  List Price: $22.95

  Tags: Business & Investing, General,

  Book Description:
  From Wikipedia: A stock market or equity market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. ~~~ The size of the world stock market was estimated at about $36.6 trillion at the beginning of October 2008.[1] The total world derivatives market has been estimated at about $791 trillion face or nominal value,[2] 11 times the size of the entire world economy.[3] The value of the derivatives market, because it is stated in terms of notional values, cannot be directly compared to a stock or a fixed income security, which traditionally refers to an actual value. Moreover, the vast majority of derivatives 'cancel' each other out (i.e., a derivative 'bet' on an event occurring is offset by a comparable derivative 'bet' on the event not occurring). Many such relatively illiquid securities are valued as marked to model, rather than an actual market price.

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