Example sentences of "for future " in BNC.

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1 The professional exams for futures dealers are hogwash as far as the directors of some firms are concerned .
2 Cox , Ingersoll and Ross ( 1981 ) have shown that , if riskless interest rates are certain ( and the other assumptions listed in Chapter 4 apply ) , despite the presence of marking to the market for futures contracts , futures and forward contracts have an identical price .
3 Thus , if the no-marking-to-the-market assumption is replaced with an assumption that riskless interest rates are certain , the no-arbitrage condition in Chapter 4 for futures prices still applies .
4 Modest and Sundaresan ( 1983 ) have shown that the no-arbitrage condition for futures on a geometric index is different from that for an arithmetic index .
5 The term y must be positive , and so the no-arbitrage price for futures on a geometric index is lower than for the corresponding arithmetic index .
6 While there is an exact no-arbitrage price for futures on geometric indices , it requires the calculation of y , and this may be difficult and may cause the arbitrage to be risky .
7 If marking to the market exists , this condition is not met for futures , and has been discussed above in connection with the no-marking-to-market assumption .
8 Although the regulatory systems for futures markets have generally prevented defaults , the probability of a default must always exist to some small ( and variable ) degree .
9 Thus , the omission of a default premium from the no-arbitrage condition is probably of little consequence for futures traded on established and well-regulated exchanges .
10 The derivation of the no-arbitrage condition for futures prices assumes that the value of the index is given .
11 If a rate of return could also be defined for futures markets , futures could then be treated as an additional asset in portfolio and capital market theories , and the concept and tests of market efficiency could also be extended , in a straightforward manner , to futures markets .
12 The security market line is usually stated in terms of rates of return but , as discussed in Section 7.1 , the notion of a rate of return for futures has proved problematic .
13 This avoids the problems of defining returns for futures contracts .
14 C it is shown that the demand for futures can be split into speculative and hedging components , and that it is rational for a risk-averse trader to speculate and hedge simultaneously in the same future .
15 Hemler and Longstaff ( 1991 ) used a general equilibrium model to derive a pricing equation for futures prices ( see Chapter 5.3.24 ) .
16 A number of empirical studies of the volatility-maturity relationship for futures , other than index futures , are summarized in Table 8.2 .
17 While this assumption is questionable for shares due to short selling difficulties , it is more acceptable for futures contracts .
18 Volatility for futures prices was measured as the square root of the absolute value of the natural logarithm of the daily price relatives , multiplied by 252 , that is , .
19 In April 22 traders were charged with illegal trading , and the Justice Department announced on Aug. 2 that a total of 46 traders had been indicted for futures fraud .
20 The RIE does escape the financial resources requirements which would apply to an ordinary authorised firm , but for futures exchanges , capital matters are in any case delegated to the London Clearing House .
21 Christopher Martin-Jenkins welcomes Murray report 's recommendations for future of county competition
22 For future planning the report recommended the regular collection and review of statistics at four levels :
23 He DID ask not to be selected for future B team games after being pulled off in last April 's second-string clash with the CIS .
24 Welsh Highland … two plans for future
25 The provision of copied material is expensive in resources and in time , but can facilitate work for pupils who have problems with distance vision , and a bank of basic material can be built up for future as well as current usage .
26 The move to a RISC-based architecture for future AS/400s has been widely reported , but Haines says that the current BiCMOS processors will suffice for around another two years yet , with the company pushing up the clock speed .
27 It 's not just er a case of er North America dominating the computer scene there erm er tariffs and trade barriers and what have you erm in various non E non E E C countries which i compose quite a stumbling block for future and expansion in various developing countries .
28 To agree what the overall aspirations of the group are , what what is our current vision and values for future .
29 We can assume that the processing resources available for language production are limited , and attempts to hold items for future as well as current constituents would result in an unnecessary drain on processing resources .
30 I have thoroughly enjoyed this experience and would like to wish all these young artists , both winners and losers , all the best for future . ’
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