A Vestige Of The Past In The Futures

SYDNEY Not many people know this, but the frenzied Sydney Futures Exchange was originally known as the Sydney Greasy Wool Exchange. It was set up by farmers (which might explain its sheep mentality) with the aim of protecting the wool industry from wild ptice fluctuations. "Now we're just

Look Into The Futures

Closing our series on derivatives for small investors, MORGAN MELLISH and SEAN AYLMER look at other strategies. The recent volatility in the sharemarket has prompted some investors to consider using futures contracts based on shares as a way of limiting the down-side risk to their portfolios.