How do hedgers and speculators choose between Options, Futures and FRAs

Name: Robin Badocha
Affiliation: City Uuiversity Business School
E-mail: RJB999@Hotmail.com
Date: 10 Nov 1997
Time: 16:03:16

Comments

As a relatively new member of the derivatives world I was wandering if anyone could help me out on a question that has been perplexing me. Namely, how do speculators and hedgers choose between options, futures and forwards. Any comments appreciated.

Thank You.