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22: What The Heck Are Futures And Derivatives Anyway - with Larry Israel

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Synopsis

We're really happy to have Larry Israel, the president and founder of Exchange Analytics, with us today. On the show today, Larry talks about futures markets. He discusses the reason for futures markets to exist, and how they help to mitigate price risk. He also explains how he got into the business world, and how he found his very specific niche with the futures industry. Listen in today to hear what Larry has to share. Exchange Analytics is a leading supplier of interactive online compliance training courses to the futures, derivatives, and securities industry. They are the largest supplier of ethics training courses that satisfy the requirements of the Commodity Futures Trading Commission and the National Futures Association. Listen in to find out more. Show Highlights: The reason for futures markets to exist. A classic example of protecting a company against price risk. How futures markets can help mitigate price risk. Most people don't really understand what commodities, futures, and derivatives are.  L