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    <title>Uses of Futures on Learn with Akhilesh Gururani</title>
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    <description>Recent content in Uses of Futures on Learn with Akhilesh Gururani</description>
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      <title>Learn with Akhilesh Gururani</title>
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    <copyright>2026 Learn with Akhilesh Gururani</copyright>
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    <item>
      <title>Beyond Basics: Mastering Option Styles and Greeks for Better Advice</title>
      <link>/posts/mf-sid-s15-9-q31-understanding-the-distinction-between-european-and-american-style-options-and-the-role-of-option-greeks-in-price-sensitivity/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q31-understanding-the-distinction-between-european-and-american-style-options-and-the-role-of-option-greeks-in-price-sensitivity/</guid>
      <description>Understanding the distinction between European and American style options, and the role of &amp;#39;Option Greeks&amp;#39; in price sensitivity. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Beyond Basics: Professional Risk Management in Wealth Advisory</title>
      <link>/posts/mf-sid-s15-9-q10-risk-management-in-professional-trading/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q10-risk-management-in-professional-trading/</guid>
      <description>Risk management in professional trading Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Beyond Gross Returns: Mastering Net Profitability in Derivatives</title>
      <link>/posts/mf-sid-s15-9-q02-calculation-of-net-gains-including-transaction-costs/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q02-calculation-of-net-gains-including-transaction-costs/</guid>
      <description>Calculation of net gains including transaction costs Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Beyond the Beta: Precision Hedging in Client Portfolios</title>
      <link>/posts/mf-sid-s15-9-q17-impact-of-hedge-ratio-assumptions-on-real-world-hedging-outcomes/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q17-impact-of-hedge-ratio-assumptions-on-real-world-hedging-outcomes/</guid>
      <description>Impact of hedge ratio assumptions on real-world hedging outcomes. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Bridging the Gap: Theoretical Models and Market Reality</title>
      <link>/posts/mf-sid-s15-9-q15-theoretical-vs-actual-futures-pricing/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q15-theoretical-vs-actual-futures-pricing/</guid>
      <description>Theoretical vs. Actual futures pricing Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Hidden Costs: Why Arbitrage Profits Are Often Lower Than Expected</title>
      <link>/posts/mf-sid-s15-9-q30-accounting-for-transaction-costs-in-arbitrage-profitability/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q30-accounting-for-transaction-costs-in-arbitrage-profitability/</guid>
      <description>Accounting for transaction costs in arbitrage profitability. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Hidden Friction: Why Arbitrage Profits Are Rarely Theoretical</title>
      <link>/posts/mf-sid-s15-9-q18-transaction-costs-and-their-impact-on-arbitrage-profitability/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q18-transaction-costs-and-their-impact-on-arbitrage-profitability/</guid>
      <description>Transaction costs and their impact on arbitrage profitability. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>How Electronic Systems Neutralize Arbitrage Execution Risk in Indian Markets</title>
      <link>/posts/mf-sid-s15-9-q23-the-role-of-electronic-systems-in-reducing-arbitrage-execution-risk/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q23-the-role-of-electronic-systems-in-reducing-arbitrage-execution-risk/</guid>
      <description>The role of electronic systems in reducing arbitrage execution risk. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Managing Execution Risks in Long Hedging Strategies</title>
      <link>/posts/mf-sid-s15-9-q07-execution-risks-in-long-hedging/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q07-execution-risks-in-long-hedging/</guid>
      <description>Execution risks in long hedging Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Managing Margin Risks in Leveraged Derivative Strategies</title>
      <link>/posts/mf-sid-s15-9-q14-margin-implications-of-naked-positions/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q14-margin-implications-of-naked-positions/</guid>
      <description>Margin implications of naked positions Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Managing Systematic Risk: A Distributor’s Guide to Index Futures</title>
      <link>/posts/mf-sid-s15-9-q06-role-of-index-futures-in-managing-systematic-risk/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q06-role-of-index-futures-in-managing-systematic-risk/</guid>
      <description>Role of index futures in managing systematic risk Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Basis Risk: The Hidden Variable in Portfolio Hedging</title>
      <link>/posts/mf-sid-s15-9-q11-basis-risk-in-cross-hedging/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q11-basis-risk-in-cross-hedging/</guid>
      <description>Basis risk in cross hedging Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Beta: Precision Hedging for Your Client&#39;s Portfolio</title>
      <link>/posts/mf-sid-s15-9-q16-understanding-the-calculation-of-portfolio-beta-for-hedge-ratios/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q16-understanding-the-calculation-of-portfolio-beta-for-hedge-ratios/</guid>
      <description>Understanding the calculation of portfolio beta for hedge ratios. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Correlation Effectiveness in Cross Hedging Strategies</title>
      <link>/posts/mf-sid-s15-9-q27-assessing-the-correlation-effectiveness-in-cross-hedging/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q27-assessing-the-correlation-effectiveness-in-cross-hedging/</guid>
      <description>Assessing the correlation effectiveness in cross hedging. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Fair Pricing: Beyond the Arbitrageur’s Perspective</title>
      <link>/posts/mf-sid-s15-9-q09-fair-pricing-of-futures-contracts/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q09-fair-pricing-of-futures-contracts/</guid>
      <description>Fair pricing of futures contracts Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Hedge Effectiveness: Beyond the Basic One-to-One Ratio</title>
      <link>/posts/mf-sid-s15-9-q21-calculating-the-effectiveness-of-a-hedge/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q21-calculating-the-effectiveness-of-a-hedge/</guid>
      <description>Calculating the effectiveness of a hedge. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Portfolio Beta: Precision Hedging for Mutual Fund Clients</title>
      <link>/posts/mf-sid-s15-9-q04-calculating-beta-for-a-diversified-portfolio/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q04-calculating-beta-for-a-diversified-portfolio/</guid>
      <description>Calculating beta for a diversified portfolio Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Portfolio Sensitivity: Why Beta Matters for Every Distributor</title>
      <link>/posts/mf-sid-s15-9-q25-using-beta-to-quantify-systematic-risk/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q25-using-beta-to-quantify-systematic-risk/</guid>
      <description>Using beta to quantify systematic risk. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering Risk Exposure: Naked Versus Spread Positions in Derivatives</title>
      <link>/posts/mf-sid-s15-9-q20-differences-between-naked-positions-and-spread-positions/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q20-differences-between-naked-positions-and-spread-positions/</guid>
      <description>Differences between naked positions and spread positions. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Mastering the Hedge Ratio: Adjusting Futures for Portfolio Beta</title>
      <link>/posts/mf-sid-s15-9-q26-how-beta-changes-the-number-of-futures-contracts-required-for-hedging/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q26-how-beta-changes-the-number-of-futures-contracts-required-for-hedging/</guid>
      <description>How beta changes the number of futures contracts required for hedging. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Navigating Fractional Realities in Index Hedging Strategies</title>
      <link>/posts/mf-sid-s15-9-q05-practical-constraints-of-fractional-contract-execution/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q05-practical-constraints-of-fractional-contract-execution/</guid>
      <description>Practical constraints of fractional contract execution Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Navigating Hedge Rollovers in Derivatives: A Practical Guide</title>
      <link>/posts/mf-sid-s15-9-q28-the-impact-of-rolling-over-hedge-positions/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q28-the-impact-of-rolling-over-hedge-positions/</guid>
      <description>The impact of rolling over hedge positions. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Navigating the Hidden Risks of Arbitrage in Client Portfolios</title>
      <link>/posts/mf-sid-s15-9-q19-risks-associated-with-arbitrage-execution-lag-and-liquidity-risk/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q19-risks-associated-with-arbitrage-execution-lag-and-liquidity-risk/</guid>
      <description>Risks associated with arbitrage (execution lag and liquidity risk). Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Optimizing Capital Efficiency via Margin Benefits in Spread Positions</title>
      <link>/posts/mf-sid-s15-9-q03-margin-requirements-for-spread-positions/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q03-margin-requirements-for-spread-positions/</guid>
      <description>Margin requirements for spread positions Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Optimizing Large Order Execution in Mutual Fund and SIF Portfolios</title>
      <link>/posts/mf-sid-s15-9-q24-managing-price-impact-costs-when-investing-large-sums/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q24-managing-price-impact-costs-when-investing-large-sums/</guid>
      <description>Managing price impact costs when investing large sums. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Optimizing Margin Efficiency: Spreads Versus Naked Futures Positions</title>
      <link>/posts/mf-sid-s15-9-q22-margin-requirements-for-spread-positions-vs-naked-positions/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q22-margin-requirements-for-spread-positions-vs-naked-positions/</guid>
      <description>Margin requirements for spread positions vs. naked positions. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>The Hidden Erosion: Factoring Brokerage into Futures Performance</title>
      <link>/posts/mf-sid-s15-9-q12-impact-of-brokerage-on-net-profit/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q12-impact-of-brokerage-on-net-profit/</guid>
      <description>Impact of brokerage on net profit Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Understanding Leverage and Risk in Naked Positions</title>
      <link>/posts/mf-sid-s15-9-q29-the-use-of-leverage-in-naked-positions/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q29-the-use-of-leverage-in-naked-positions/</guid>
      <description>The use of leverage in naked positions. Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Understanding Mark-to-Market: Protecting Clients from Margin Surprises</title>
      <link>/posts/mf-sid-s15-9-q13-mark-to-market-settlement/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q13-mark-to-market-settlement/</guid>
      <description>Mark-to-market settlement Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Using Beta to Master Asset Allocation and Client Suitability</title>
      <link>/posts/mf-sid-s15-9-q08-implications-of-beta-for-asset-allocation/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q08-implications-of-beta-for-asset-allocation/</guid>
      <description>Implications of beta for asset allocation Companion read for Section 15.9 — Uses of futures.</description>
    </item>
    <item>
      <title>Why Liquidity Matters for Fair Portfolio Pricing</title>
      <link>/posts/mf-sid-s15-9-q01-impact-of-liquidity-on-price-discovery/</link>
      <pubDate>Wed, 22 Jul 2026 00:00:00 +0000</pubDate>
      <guid>/posts/mf-sid-s15-9-q01-impact-of-liquidity-on-price-discovery/</guid>
      <description>Impact of liquidity on price discovery Companion read for Section 15.9 — Uses of futures.</description>
    </item>
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