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Week2 Nguyễn Vũ Thời 22205335 Presentation

The document is an assignment cover sheet for a student named Nguyễn Vũ Thời, detailing their unit and tutorial information, assignment title, length, and submission date. It includes a declaration of originality and integrity regarding the assignment. Additionally, it outlines key points about futures trading on the Sydney Securities Exchange, including the role of the clearing house and the concept of novation.

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nguyenvuthoi3112003
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13 views2 pages

Week2 Nguyễn Vũ Thời 22205335 Presentation

The document is an assignment cover sheet for a student named Nguyễn Vũ Thời, detailing their unit and tutorial information, assignment title, length, and submission date. It includes a declaration of originality and integrity regarding the assignment. Additionally, it outlines key points about futures trading on the Sydney Securities Exchange, including the role of the clearing house and the concept of novation.

Uploaded by

nguyenvuthoi3112003
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ASSIGNMENT COVER SHEET

STUDENT DETAILS

Student name: Nguyễn Vũ Thời Student ID number: 22205335

UNIT AND TUTORIAL DETAILS

Unit name: Derivatives Unit number: Deri-T125WSB-3


Tutorial/Lecture: Nguyễn Văn Phúc Class day and time:
Lecturer or Tutor name:

ASSIGNMENT DETAILS

Title: Presentation Week 2


Length: Due date: 12/1 Date submitted: 12/1

DECLARATION

I hold a copy of this assignment if the original is lost or damaged.

I hereby certify that no part of this assignment or product has been copied from any other student’s work or
from any other source except where due acknowledgement is made in the assignment.
I hereby certify that no part of this assignment or product has been submitted by me in another
(previous or current) assessment, except where appropriately referenced, and with prior permission
from the Lecturer / Tutor / Unit Coordinator for this unit.
No part of the assignment/product has been written/ produced for me by any other person except
where collaboration has been authorised by the Lecturer / Tutor /Unit Coordinator concerned.
I am aware that this work may be reproduced and submitted to plagiarism detection software programs for
the purpose of detecting possible plagiarism (which may retain a copy on its database for future
plagiarism checking).

Student’s signature:
Note: An examiner or lecturer / tutor has the right to not mark this assignment if the above declaration has not
been signed.
1.​ When engaging in a futures trade on the Sydney Securities Exchange, only the price is
negotiated
2.​ Certain information about the transaction is made public, including price and volume data, as
well as contract specifications. However, the parties involved in the transaction are not made
public. This is standard practice in centralized exchanges to protect privacy and ensure that
trading activities remain fair.
3.​ Once registered, the financial relationship is with the clearing house. Because The clearing
house acts as an intermediary between the buyer and the seller. The clearing house guarantees
contract performance, reducing counterparty risk.
4.​ This relationship with the clearing house is formed by novation. Novation is the assigning of
one party for another in a contract
5.​ If the trade is profitable, the clearing house will pay the gains to me. Because The clearing
house acts as an intermediary between the buyer and the seller and it uses funds collected from
the counterparty.

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