A future option for derivatives

Small Blue Planet

The chairman on his hiring of nuclear physicists to use derivatives derivatively to hide an awful lot of trading

"So just how does one go about losing £7.5bn?" I asked the chairman of the insignificantly sized investment company SmallBlue Planet as we shared a bottle of Whereseybeen at the Royds' Return. "Oh, it can be done," winced the chairman. "Believe me, it can be done." "Sorry, I didn't make myself clear," I said. "I didn't mean lose as in blow but as in hide. Or as in how can a big old operation like Standard Life manage to offload £7.5bn of equities without anybody noticing?" "Oh that's easy," replied the chairman. "It used derivatives to avoid a spanking from dealers." "Yes, I understan...