The concept of selling an asset to realize accrued capital gains, considering the implications and risks involved in the decision-making process.
A system where countries stabilize their exchange rates around par values with the right to change these values when necessary.
A type of contract where the price for commodities, securities, or currencies is agreed to be delivered at a future date.
A contract to buy or sell a good, share, or currency on a future date, at a price decided when the contract is entered into.
An overview and analysis of hedge funds as investment vehicles focusing on speculative positions in markets for shares, currencies, and derivatives.
The ability of traders to bring forward or defer the timing of transactions.
An individual or firm engaging in risk-taking to achieve expected profits, leveraging superior market information or risk tolerance.
