Derivative defined. Try figuring out what an ethanol calendar swap contract is. A primer on derivatives, this site is helpful in defining terms and sorting out the differences among, for example, commodity derivatives, financial derivatives, and exchange-traded derivatives.
Options guide. The derivatives known as options come with a lingo of their own - call and put, strike prices, being in or out of the money. This site is one place to begin learning the language and risks of this form of investing.
Derivative history. If anything about derivatives could be entertaining, this is it. Titled "A brief history of derivatives," it begins with a story from Genesis, where Jacob agrees to trade seven years of labor for a bride. His future father-in-law later "defaults," giving the story another first. The history then leaps about 3,500 years, to the Dutch tulip bulb mania of the 17th century, and a trend was born.
CBOT battle II. The CBOT site explains the financial market's history, dating to 1848. The site lists some training sessions that sound odd to the uninitiated - such as the one titled "In through the out door," which is described as covering "the relationship between the trader's emotional state and his need to liquidate open positions." The mind reels.
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