Cash equivalents include any items that can be used as cash or converted to cash quickly. Foreign currency and money orders are common examples. As a small business, you'll come across the term in two ...

Futures equivalent is the number of futures contracts required to match the risk profile of an options position on the same underlying asset. In other words, it is the amount of futures needed to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...