Hi Rod,



RS> PL> Is it true that for every loser there is a winner when
RS> PL> dealing in futures or does that only apply to options?
RS>
RS> That gets a bit philosophical. You can argue that its not true,
RS> that there is a real sense in which one party can basically be
RS> ensuring a certain result, instead of a less certain result. For
RS> example if you think a currency is about to drop, you can in effect
RS> fix the effect that has on you, someone else wears the actual result.
RS> That is essentially what futures were intended for originally.

Sorry Rod, I did not quite get what you meant by the above reply.

Thanks
Phil

--- ProBoard v2.01 [Reg]