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Derivatives, securities and other finacial "products" have no physical backing, they are purely abstract concepts. They don't even exist on paper now, just inta
by JetSpiegel 8y ago
Derivatives, securities and other finacial "products" have no physical backing, they are purely abstract concepts. They don't even exist on paper now, just intangible bytes.
- appleiigs 8y agoDerivatives are derived from something... they have a notional, underlying, or delivery.