Читать книгу The Trade Lifecycle - Baker Robert P. - Страница 33

Financial products differ from asset classes. A good way of understanding how a financial product works is by examining its cashflows.

Some trades have fixed dates and amounts, some have fixed dates and variable amounts, whilst others have one fixed starting cashflow but the others are unknown at time of trade. Many trades have no guarantee of receiving any cash or physical return for the purchase price. Both counterparties to a financial trade will understand the composite cashflows and enter into the trade if these cashflows accomplish what they wish to achieve.