Provides an overview of derivatives:

1. What is a derivative?
2. Role of financial markets
3. How derivatives are used?
4. Buying and short-selling financial assets
5. Asset class overviews

Provides an overview of elements in financial markets:

1. Market Participants
2. The different markets: Spot, Swap, Forward & Futures
3. Detail overview of the Futures Markets

Provides an overview of Futures Contracts:

1. Basic Definition
2. Futures compared to Forward Contracts
3. Futures compared to Stocks
4. Futures Contract Design Elements

Provides an overview of Price Discovery:

1. Process of Price Discovery
2. Spot Pricing
3. Calculating Forward Rates
4. Convergence of Spot and Future Prices
   

Provides an overview of market operations:

Speculators trade in the futures market to profit from price fluctuations, providing economic functions to the market.

1. Speculation
2. Offsetting a position
3. Four sources of returns
4. Trade Execution and Management