What do investment banks actually do? - MoneyWeek Investment Tutorials

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  • Опубліковано 26 лис 2024

КОМЕНТАРІ • 415

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +217

    A few people have asked what I did before making these videos. Ok I admit it, I have taught graduates and upwards at the likes of Goldman Sachs and JP Morgan for over ten years as well as a range of students from the big accountancy firms such as PriceWaterhouseCoopers. These days I work in financial journalism. I thought I would post these videos in the hope they help a few people out - I always found pure academic teaching very dry so hopefully these videos liven the topics up a bit. Tim.

  • @sherillmiller4549
    @sherillmiller4549 4 роки тому +21

    Well Said! Investments Banking
    1.) " Prop Trading"
    2.) " Market & Making "
    3.) " M & A Advisory "
    4.) " Corporate & Events Issues /Underwriting
    5.) " Structured Products"

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +78

    Thanks for watching these videos - whoever you are! My next plan is to create a financial education site to help novices, students and anyone else who is baffled by the world of finance. If you think this would be useful please tick here. I also welcome any ideas on the topic coverage....Thanks Tim.

    • @achinsingh9336
      @achinsingh9336 5 років тому

      MoneyWeek Yes it would be brilliant if you did that, please guide us with your expertise .

    • @PoojaVkarma
      @PoojaVkarma 4 роки тому +1

      I learn more from your videos than I do from my college course. Kudos to you. Thank you for bringing such quality content with this level of simplicity. Simply the best. Best wishes! 💐

    • @shikharchaudhary6984
      @shikharchaudhary6984 4 роки тому +1

      Please make more videos. Your videos are amazing. Thanks a million.

  • @yacineb5709
    @yacineb5709 8 років тому +94

    can you do a video explaining the different areas in investment banks, e.g.market, investment banking, asset management, risk, operations etc.

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +2

    Anyone who likes my videos should note there are 30 more (on price earnings ratios, QE etc) in the Moneycontent channel. Thanks Tim.

  • @MariaGarcia-gv8hj
    @MariaGarcia-gv8hj 2 роки тому +26

    *When it comes to investing, I'm so ignorant about it, I hereby ask; What's your say or thought for anyone with over $20k looking for the best ways to make good returns off it? I will appreciate any help here on how to do this*

    • @MariaGarcia-gv8hj
      @MariaGarcia-gv8hj 2 роки тому

      @Lucy Bernardi Interesting, I've always been fascinated with investing and I need to start now. Could you possibly give more information on your Investment Professional and how I can reach out to her?

  • @joeblack1490
    @joeblack1490 3 роки тому +2

    This content is gold. I'm actually trying to prepare for a UBS interview and your channel brought me up to speed.

  • @Advert4HK
    @Advert4HK 12 років тому +1

    Tim, you have your way in explaining things in such "an easy to understand" and "precise manner". One of the best video site in UA-cam.

  • @idsjesus73
    @idsjesus73 12 років тому +1

    Easy to see that the presenter has taught before for many years. Very clear, concise and easy to understand. Many thanks for this.

  • @kickflipindy78
    @kickflipindy78 8 років тому +29

    Big fan of your videos. I slightly disagree with your comments about how Prop trading is 'gambling' or betting. In gambling (ie flip of the coin) you have win or loose, there is no growth or value. Buying/selling securities that are over/undervalued can create value. Secondly with the correct use of risk management (derivatives) allows you to minimize your downside risk but maximize the upside. Which, of course, does not exist in gambling (in a simple coin flip example).

    • @joepeeler34
      @joepeeler34 8 років тому

      Your position is accurate if there is honest price discovery in commodity markets, bond markets and equity markets. That's just not the case at present. Everything is rigged due to central bank coordination of interest rate suppression.
      There is definitely price suppression of gold and silver by the primary bond dealers around the world. Deutsche Bank was recently found guilty in U.S. District Court, Southern District of New York (Manhattan) of silver price rigging.
      What is even more interesting is that Deutsche Bank threatened to expose other primary bond deals involved in the rigging if they didn't come forward.

    • @jefthabisschop238
      @jefthabisschop238 7 років тому +6

      Bob K gambling isnt just flipping a coin. Look at Poker, blackjack etc.

    • @sjshivamjain
      @sjshivamjain 7 років тому

      Derivatives you are talking about... You have only talked about options... Where there is upside or downside gains but in forward nd future it's almost gambling

    • @David-ud9ju
      @David-ud9ju 5 років тому

      In trading, you are betting that something will increase in value or decrease in value - it's gambling. Sure, it's more precise than betting on the horses, but it's still gambling.

  • @rupaalsingh4047
    @rupaalsingh4047 8 років тому +11

    Hi Tim, could you please do a video/tutorial on multi-tiered securitization, concept, strengths/weaknesses etc. . Thanks.

  • @MoneyWeekVideos
    @MoneyWeekVideos  11 років тому +3

    Hi. A good place to start would be my "bond basics" videos - there are two and my "beginner's guide to investing: the financial markets". Hope that helps. Tim.

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +3

    I was asked the other day what "Zombie Banks" are so there's a video out that's titled "what are Zombie Banks?". Hope that answers the question for the folk that asked.
    If you post a request for a video I will do my best to produce one however as it's just me working on this you may have to wait a while for me to get around to it! Cheers Tim.

  • @JustnCas3
    @JustnCas3 8 років тому +20

    I spaced out through my degree in business. Spacing out is fun.

  • @yattaclub5
    @yattaclub5 10 років тому +59

    Hey Tim, My cat Nerina loves your videos :) She tries to touch you with a paw when she's watching you….:)

  • @LumovestCareers
    @LumovestCareers 2 роки тому

    It's amazing how this video withstands the test of time. The investment banks today still do exactly what this video described from 10 years ago:
    1) Proprietary Trading
    2) Market Making
    3) M&A Advisory
    4) Debt & Equity Financing
    5) Structured Products

    • @tube.brasil
      @tube.brasil Рік тому

      But now they are into retail banking too.

  • @quamrulhasan2918
    @quamrulhasan2918 5 років тому +1

    very straight and clear,I always thought banks are banks what is retail and what is investment ,thanks for all in a nutshell.is there any video on share market how it works and why it dives hard

  • @Touhid
    @Touhid 12 років тому +14

    Brilliant...You are Genious,,Indeed Sir

  • @MoneyWeekVideos
    @MoneyWeekVideos  13 років тому

    L9PoloPa - I agree. My video is just an introductory guide so I have used some pretty broad headings. Different banks group activities under different headings in practice. Structured products are a good example of an asset management solution but I agree there are others. Tim.

  • @MoneyWeekVideos
    @MoneyWeekVideos  13 років тому

    richsmartkid - market making is a defined role provided by the banks at certain exchanges such as the LSE. The banks commit to keep a market running in certain shares/other assets so the exchange can offer liquidity. Prop trading is risking the bank's own capital on trading (whether in forex, shares, commodities or whatever). So the two roles are different. Tim.

  • @paulcaneda6627
    @paulcaneda6627 12 років тому +1

    Thanks Tim. My current job now requires for me to learn a lot about financials, specifically on investing. All your videos are VERY helpful and I actually learned more from it than from the materials from a course that I'm into right now. More power to you!

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому

    Good question. Conflicts of interest are supposed to be managed by the banks but the regulation in this area is, to put it mildly, woolly.

  • @mayare1919
    @mayare1919 6 років тому +6

    I know it's semantics and industry argot, but I'd re-label 'corporate events' as 'financing'/'corporate finance (advisory)' where the latter is the industry norm. Corporate events sounds like an office Christmas party.

  • @doctora1110
    @doctora1110 4 роки тому +2

    Hey Tim could you please walk us through the process of investment bank and big firm like goldman sachs how do they exactly operate and give us some sense of how they may operate in real life situations
    thanks.

  • @ClassicStang
    @ClassicStang 5 років тому +6

    Excellent Presentation. Wish I would have had professors like you.

  • @GhostmanGus
    @GhostmanGus 12 років тому +6

    Tim your a legend! you've made all of this so understandable to me, relating it with examples and with such charisma! I have to meet a few people soon working with my brother in an investment bank as I'm trying to get myself too into investment banking, sometimes I feel like its all abit too above my league as this topic just branches further and further into more complex stuff, im going to watch all your video's while taking notes, any advice to me would be appreciated, thanks anyways tim! :)

    • @sirius8328
      @sirius8328 7 місяців тому

      سلام بعد یازده سال ایا تریدر شدی ؟

  • @shekharmodi
    @shekharmodi 3 роки тому +1

    Nice video sir! Love the fact that you used whiteboard instead of graphic animations! Although, traditional that's the best way of teaching! Have a nice day!

  • @shukhov
    @shukhov 11 років тому

    thank you, this is the introduction I've been looking for.. I liked it.
    however some criticism, just what came up to me as I watched it:
    1. It seems sometimes you are leaning against the board.
    2. You are repeating yourself, rephrasing what you have already said. Therefore things sometimes lack clarity.
    3. When you show the division between retail and investment banking, you are already talking about the huge margins/profits they make in the investment banking, without explaining it later

  • @vedantsharma7401
    @vedantsharma7401 8 років тому +6

    Thank You for such a crystal clear explanation , Sir !

  • @x1anarchy
    @x1anarchy 10 років тому +42

    Good Video..I however disagree with his comparison of Prop Trading to Gambling. Roullette is Gampling because the odds are always against you. Prop trading is speculation. In speculation you should have a system with an edge that has a positive expectancy on the long run. This differs significantly from gambling...otherwise another great money week video...

    • @refentseazania5550
      @refentseazania5550 7 років тому +6

      Shalton Sille the moment you say expectancy you are talking about statistics which is just a fancy way of saying gambling 🤷🏿‍♀️.

    • @ciaranmurphy9513
      @ciaranmurphy9513 6 років тому +1

      Jura Pas it's all about probabilities - speculation is a gamble

    • @rossolinger4477
      @rossolinger4477 6 років тому +1

      wow that's not true either. statistics is a school of thought in mathematics that measures sample sets of data. They are two completely different things. not even close.

    • @rossolinger4477
      @rossolinger4477 6 років тому

      contrary to what others might think, it's actually just business. They aren't related at all. I agree with you Shalton. They are two completely different things and many people look at it the wrong way. Let them. More profit for you

    • @quickcrypto3689
      @quickcrypto3689 6 років тому

      Ross Olinger exactly!

  • @bobanyfingelf
    @bobanyfingelf 12 років тому +1

    Hi Tim,
    I find your presentation style easy to follow & the content most informative. thank you.

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +2

    For anyone who likes these videos there is also my moneycontent channel with around 30 more topics covered. It's free too. Tim.

  • @mattdathew2794
    @mattdathew2794 8 років тому +16

    A very clear cut video

  • @rksingh4965
    @rksingh4965 2 роки тому +1

    I always come to this channel before my interview to get best definition of Investment bank..😃😃😃😃

  • @andrwleong
    @andrwleong 12 років тому

    One of the best channels on youtube along with khan academy

  • @greatbamba2022
    @greatbamba2022 8 років тому +4

    Their explanations are very clear .Thanks

  • @MoneyWeekVideos
    @MoneyWeekVideos  13 років тому

    zionismistruelyevil - yes these are all specialist areas. You would normally work in one of them (although a new graduate might be exposed to several in the initial phase of their career).

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому

    Hi. Yeah - firm handshake, look them in the eyes, do your homework on both what banks do and why you'd be good at it. In short come across as well rounded, articulate, bright and high energy and you should be ok! Smiling also helps - not something I ever mastered :)

    • @anthonygato407
      @anthonygato407 4 роки тому

      Be late, wear Crocs with a T-shirt that says in big letters "F*CK OFF", dont say hi to anyone, be unprofessional, then show them how profitable your results are. If you dont get a call back, its a Ponzi operation.

  • @usernameufo123
    @usernameufo123 12 років тому

    Hi Tim,
    What do you suggest me doing to "follow" the market? What are some knowledge that I need to know (S&P, bonds....ect)?
    Thanks a lot for the help and video!

  • @shikharchaudhary6984
    @shikharchaudhary6984 4 роки тому +1

    You are brilliant. Keep making these videos.

  • @TambouraBaptiste
    @TambouraBaptiste 4 роки тому +1

    Absolutely brilliant. I am now more informed. Thank you so much.

  • @cburn455
    @cburn455 12 років тому +1

    Excellent presentation I have sat through many lectures where my professor explained this topic and I never fully understood it. I have an exam tomorrow in Financial Services and more than likely there is going to be a question on Investment banking literally cut out a few hours of studying for me.... Thanks from Ireland

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +2

    Well so far I have been likened to Forrest Gump, Nick Hewer 20 years younger and now Richard Gere. I think I prefer the latter...! Tim.

  • @qifanwu551
    @qifanwu551 8 років тому +3

    Thanks for the informative video? Could you tell me the difference between a mutual fund/hedge fund and first responsibility of an investment bank? They seem same to me?

    • @montinuino6882
      @montinuino6882 8 років тому +2

      +Qifan Wu you go to a Hedge Fund when you want to hedge your risks, related to interest rate fluctuations ... and you go to a mutual fund when you want to invest money in an already diversified portfolio (equity or bonds) and also in a special niche market (oil, gas ...)

  • @yejin5315
    @yejin5315 6 років тому +1

    I like how to explain it with a lot of examples. Making it more clear to understand. Thank you.

  • @shardulnsiddhesh
    @shardulnsiddhesh 8 років тому +2

    Thank you so much! I like your videos very much. Just subscribed!

  • @kvijayasahithi3942
    @kvijayasahithi3942 6 років тому +1

    Very useful video to get a basic knowledge on investment banking. Thank you for the video sir

  • @EconomicsAlex
    @EconomicsAlex 10 років тому +13

    Your videos are so helpful!!

  • @windbreaker5364
    @windbreaker5364 5 років тому +1

    Did Not understand structured products could someone explain and btw what’s the fuzzy ^^

  • @bhaskey7
    @bhaskey7 12 років тому +1

    Thanks mate. Superb one. Your examples were so simple that a layman like me could understand easily.

  • @Bored-Panda
    @Bored-Panda 13 років тому

    Hi, i want to learn about different types of oil trading (options, swaps, forward) . Can you provide tutorials on that as well?

  • @nashty1332magic
    @nashty1332magic 11 років тому

    At the risk of sounding completely clueless (which may or may not be the case), around 8:10 you said that a company may issue shares or bonds depending on whether they wish to "issue debt or equity". What exactly does it mean to issue debt, I'm a bit confused by the term. I'd be glad for any help :)

  • @thinkbigbrain
    @thinkbigbrain 13 років тому

    Very good and clear presentation. Please consider a follow up with more indepth information. Also another on the asset management industry

  • @acamporota
    @acamporota 12 років тому

    do you think is possible make some kind of tutorial for people who has no experience at all in this field to start to do investment?
    for example if you wanna buy stock you need to open an account somewhere...or could be done directly from internet..ecc ecc....
    and give some practical tip...whot kind of stock buy if you wanna invest money for your future...since with this big economic crisis...probab ly a lot of people wont even have pension in future...so would be nice to know how to invest

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому +2

    PS my 100 or so "trial" basics videos have been out for a while and seem to be popular despite the fact the similar content is available free in places such as Khan Academy, savingandinvesting and Motley Fool. So now my plan is to properly refresh my content and make the presentations better and much tighter. Plus I'll be adding all sorts of new and expanded stuff. What you are seeing here is just a taster for what I can really do. So keep an eye out for me and thanks for watching so far! Tim.

  • @AZNcutehottie69
    @AZNcutehottie69 10 років тому +2

    As a investment banker how much do salaries vary from each sector (1 through 5). I am a student uncertain of my path to take. Can you please tell me how profitable are the diferente sectors. I am interested in mergers and acquisitions advisory and corporate events.

    • @aviksaha3485
      @aviksaha3485 10 років тому

      figure this as 20% of the profit you earn for the sector.......if ur are playing the 100mil over game....for the advisory sector...u got to negotiate ur earnings....

    • @hajmola6210
      @hajmola6210 9 років тому +1

      +Lucas D Your comment reflects the issue of grades becoming meaningless without a solid career plan.

  • @Carcaroff87
    @Carcaroff87 9 років тому

    Hi, i currently have to finish an exam and it requires to study a group of firms. It was assigned to me Tokai Tokio financial holdings, inc. , and, in a previous exam, i had to examine an industrial reality...so my question is: are investment banks such the one i reported before "easy" to be studied or i should request another society (with the risk of getting a retail bank, which i want to avoid)?

  • @nihalmelodies3800
    @nihalmelodies3800 5 років тому

    what is the difference between the second (market making) and the forth (underwriting securities) function? seem the same to me. An answer pleaase

  • @Angie_Malaika
    @Angie_Malaika 2 роки тому

    Hello Sir, Kindly may I know what services do investment banks typically offer to customers?

  • @ASPEDBUSDRIVER1
    @ASPEDBUSDRIVER1 5 років тому +2

    Fast fwd to 3:13. You're welcome

  • @swpl1993
    @swpl1993 13 років тому +2

    wow. thank youu for making this video.
    i just finished high school and i'm still unsure of what undegraduate course i'll choose. having an insight of investment banking was helpful :)

  • @liuzhejiang107
    @liuzhejiang107 4 роки тому +4

    Professional guidance brings about remunerative results. Great job Payden, you exceeded my expectations. Thank you.

    • @Carpenglerrr
      @Carpenglerrr 4 роки тому

      It’s no secret that when it comes to profitable trading, Payden is indeed the right man for the job.

    • @Donnierra
      @Donnierra 4 роки тому

      How can I achieve a good ROI and also build my portfolio? Please I’m interested.

    • @liuzhejiang107
      @liuzhejiang107 4 роки тому

      Oh that’s quite easy. Payden has helped me build my portfolio over the years, and make profitable investments. Reach him on ... *Xanderpayden (a) g ma il. Com...* for further inquiries.

    • @Pambegay
      @Pambegay 4 роки тому

      Funny enough, I got on his trading program too. Although I feel the commissions are quite high, excellence service overall.

  • @MoneyWeekVideos
    @MoneyWeekVideos  12 років тому

    Hi. Thanks - and no! All my teaching has been done working for commercial training companies. These days I work in financial journalism. Cheers Tim.

  • @Tutul900
    @Tutul900 12 років тому

    thanks tim, your videos are the best, got an interview in an investment bank next month for summer internship here in australia, got any tips for me?

  • @jabhatta
    @jabhatta 12 років тому

    i agree fully - Tim's charisma and accenture is great ..i am a big fan. Just out of curiosity - do you teach finance at a university ?

  • @MrTop3selected
    @MrTop3selected 12 років тому

    Hi Tim your videos are great. I want to start a peer-to-peer lender but I'm not sure exactly what I need to do, especially in terms of regulation because I heard its not FSA regulated and a consumer credit licence from the OFT is not compulsory. Can you give me some advice and guidance please Tim. Thanks

  • @Kashmir_Se
    @Kashmir_Se 6 років тому +2

    Just advised my friend to follow your channel videos are classy

  • @mriamlful
    @mriamlful 10 років тому +203

    lol investment banking is sexy

  • @watchthe1369
    @watchthe1369 4 роки тому

    Retail= Savings and Loan, Investment=Commercial Bank. They used to be separate entities by law in the USA due to the depression. They repealed the law that held them separate due to the big depression back in the clinton era in the USA.

  • @AdrianCampana-p7l
    @AdrianCampana-p7l 11 місяців тому +1

    I want this dude as my teacher.

  • @MoneyWeekVideos
    @MoneyWeekVideos  13 років тому

    al9spike - "investment baNking". Sorry if my handwriting confused you.

  • @Meo0403
    @Meo0403 12 років тому

    it would be great if you could please upload some videos to educate us on technical analysis

  • @konradwolkowski
    @konradwolkowski 12 років тому

    I am just wondering, asset management department would be in which category out of these five?

  • @cwaddle
    @cwaddle 12 років тому

    so banks do not take positions with credit derivatives? What about banks offering guarantees to bonds or other credit derivatives? aren't they taking a position?

  • @Dormano_Wild_Rift
    @Dormano_Wild_Rift 12 років тому

    Have you been doing some videos about index, like S&P 500, bounds etc. would be very interesting.

  • @carloscarmona6044
    @carloscarmona6044 11 років тому

    Sir, thank you for this video. Got really interested in these themes, is there an specific carrer fot this and alike themes?

  • @sebastionay
    @sebastionay 13 років тому

    Institutional Traders trade on behalf of the banks, Prop traders are independent traders paying to use the banks proprietary trading system.

  • @ThisIsMTH
    @ThisIsMTH 9 років тому +2

    Excellent video, especially for a relative newcomer.
    Do many investment banks have business development teams to target companies to advise on M&As, or do companies approach the banks without any outreach?
    Thanks.

    • @David-ud9ju
      @David-ud9ju 5 років тому

      The companies approach the investment bank. You can't go to a company and say "hey, we've been doing some research and we reckon you should try and merge with this company." They'd tell you to get the fuck out. If a company's thinking about merging with another company to raise their game, they'll approach an investment bank and ask them what they think, but not the other way around.

  • @gracege3836
    @gracege3836 2 роки тому

    Tim, where does broker dealer business sit?

  • @FahadAlRajaan
    @FahadAlRajaan 7 років тому

    This will help people decide if they really want to go into investment banking

  • @old263
    @old263 4 роки тому

    Love these classic videos

  • @aravinrao705
    @aravinrao705 11 років тому

    Hello Sir, Excellent clarity and presentation of different products. Good stuff really. Appreciate your knowledgesharing thing. The only missing thing I find is organising the videos -you have almost 140 videos...if you can categorize/organize and give a numbering of which one is starting and ending video or what comes first and next would be a great info to know instead of getting lost in browsing. Example of site I would say is - Khanacadhemy

  • @sachinma3313
    @sachinma3313 9 років тому +3

    Very nicely explained. Thank u !

  • @rahulsaxena3380
    @rahulsaxena3380 4 роки тому

    what is difference between merchant bankers and investment bankers?

  • @RajKumar-tk7jm
    @RajKumar-tk7jm 8 років тому +1

    Nice explanation . Thank you

  • @DavidMilberg
    @DavidMilberg 9 років тому +5

    The skill sets, qualifications, and personalities of investment bankers will vary widely from business to business. Bankers who are very good at equity capital markets don't necessarily have much credibility in M&A.

  • @noogahay
    @noogahay 13 років тому

    You are the best discovery that just happened to me!!!!

  • @InstTaxSolutionsLLC
    @InstTaxSolutionsLLC 11 років тому

    That's true. Most of the investment banks today are divisions of a retail bank.

  • @hanselalmeida5813
    @hanselalmeida5813 7 років тому

    Can investment banks indulge in proprietary trading in their own investment banks?

  • @Insectalrs
    @Insectalrs 11 років тому +1

    great vids, i just found you, i got a lot of vids to go through, very informative thanks!

  • @CR00711
    @CR00711 4 роки тому

    Amazingly explained. Many Thanks !

  • @marsela7877
    @marsela7877 2 роки тому

    can someone tell me what does he say at 10:18? he says something that sounds like ''money weak'' to me

  • @hunain9287
    @hunain9287 6 років тому

    Best video you'd come across.

  • @binoyhalder5988
    @binoyhalder5988 6 років тому +2

    How many day they work in a month

  • @vturner
    @vturner 10 років тому +65

    I cant stop watching these type of videos and Im not even finishing my bachelor degree soon lol

  • @mana8592
    @mana8592 5 років тому

    Thank you very much for this information, I have been asked to prepare a presentation on what investment banks do, and I have stumbled on your video which sounds very helpful. Thank you very much for this.

  • @jasonli7579
    @jasonli7579 12 років тому

    Hi Tim,
    That is great news! I hope that you are open to discussion topics, because there are tons of stuff that me and my frds are dying to know.

  • @dorniaki
    @dorniaki 12 років тому

    i would be interested in a video about how to value a company. thank you, and good video

  • @Billiam96Billiam
    @Billiam96Billiam 11 років тому

    I am 13 years old and wanting to become an investment banker in future life. I am coming up to choosing my opinions/GCSE's . I am particularly good at mathematics and I am wondering what other subjects I need to be good at to be able to reach my goal of an investment banker.

  • @MoneyWeekVideos
    @MoneyWeekVideos  13 років тому

    sshhiillppaa - yes I have done videos on what is a swap, what is a future and what are options and covered warrants. They should come up in a search result on youtube. Happy viewing!