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By Iosif Abramovich. Ostrovitdi8anov, Konstantin Vasil'evich, Lapidus

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Typically, the futures market quotes a spot price, three month delivery, six month delivery, nine month delivery, and so on. If you need cocoa in six months’ time, you can make a contract for six-month cocoa, pay a deposit, wait for delivery in six months’ time, and then settle the payment. You have the security of knowing exactly how much the cocoa will cost, and the supplier has the security of a firm sale. But both of you are gambling – you that 45 30 Minutes . . To Understand Financial Pages the spot price in six months’ time will not be much lower, and the supplier that the spot price will not be much higher.

63 The 30 Minutes Series Titles available are: 30 Minutes . . Before a Meeting Before a Presentation Before Your Job Appraisal Before Your Job Interview To Boost Your Communication Skills To Boost Your Self-Esteem To Brainstorm Great Ideas To Deal with Difficult People To Get Your Own Way To Get Yourself Promoted To Improve Telesales Techniques To Make the Right Decision To Make the Right Impression To Make Yourself Richer To Manage Information Overload To Manage Your Time Better To Market Yourself To Master the Internet To Motivate Your Staff To Negotiate a Better Deal To Plan a Project To Prepare a Job Application To Solve That Problem To Succeed in Business Writing To Understand the Financial Pages To Write a Business Plan To Write a Marketing Plan To Write a Report To Write Sales Letters Available from all good booksellers.

56 7 DEALING INTERNATIONALLY Arbitrage Finance markets are completely international, and money follows an opportunity anywhere in the world. 30 pm, which means that it opens just as the Tokyo stock exchange is closing, and it closes just as the New York stock exchange opens. As you can imagine, after-hours trading continues, and international deals are made at any convenient time. Sometimes two markets get a little out of phase and a particular investment might have a different price in two different markets.

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An outline of political economy: Political economy and Soviet economics by Iosif Abramovich. Ostrovitdi8anov, Konstantin Vasil'evich, Lapidus


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