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Other examples are stock market indexes such as the Dow Jones Industrial Average and Nikkei 225, for which the underlying are the common stocks of 30 large U. companies and 225 Japanese companies, respectively. Options on futures derivatives are an example of derivatives whose underlying is also a derivative.For example, Euro-Bund options (OGBL) are traded on Eurex and their underlying is the Euro-Bund futures contract (FGBL).HSBC Global Banking and Markets provides financial services and products to corporates, governments and institutions.In-depth economic analysis and advice from a team of global finance experts. Along with the LGB inclusion, the show has also delighted gay men as well as straight and bi women by revealing the naked physiques of various hunky men and minor U. And now German viewers can look forward to primetime nudity too as contestants get greeted by all manner of shaved man-crotch and flaccid penises while home viewers watch and eat dinner.From 1933 to 1959 Grosz lived and worked successful in the US.

By design, these changes create a unique opportunity to provide all Australians with access to high-speed broadband and recast the playing field of the nation’s telecommunications retail market.

There must be an independent way to observe this value to avoid conflicts of interest.

According to the Financial Accounting Standards Board (FASB)'s Statement of Financial Accounting Standards No.

133 (FAS 133) - Accounting for Derivative Instruments and Hedging Activities, an underlying is a specified interest rate, security price, commodity price, foreign exchange rate, index of prices or rates, or other variable (including the occurrence or nonoccurrence of a specified event such as a scheduled payment under a contract).

An underlying may be a price or rate of an asset or liability but is not the asset or liability.