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Futures from First Principles

by Sanjay Malhotra · Delhi

4.4890 ratings · 8,450 copies sold
₹359₹52532% offInclusive of all taxes · Delivered instantly to your library · No delivery charges
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Before futures were a trading product, they were a farmer's insurance policy. Starting from that first principle, this book builds up margins, leverage, mark-to-market, expiry and settlement exactly as Indian exchanges run them — including the arithmetic of how a leveraged position can lose more than you expected. A calm, educational tour of the machinery; it explains futures, it does not encourage you to trade them.

All books are educational content. Mahira Capital does not provide investment advice, research recommendations or trading tips.

Book details

Format
PDF
Pages
304
Language
English
Publisher
Market Classroom Press
Published
19 July 2025
ISBN (sample)
978-93-00000-10-9
Category
Options & Futures

About the author

Writes slow, careful explainers on futures, hedging and how contracts are margined and settled.

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