F2F Class Notes (Nick)

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Look for a ted.com video on finance or investment to talk about next time.

OR

Look for a fun video on ted.com to talk about.

Vocabulary

Futures – a contract for something which hasn’t been produced

Exchange – a place (maybe online) for buying and selling stocks and contracts, a market
e.g. Buyers like to wait until after three to finish deals, because after the exchange closes, the prices are fixed until tomorrow.

CME – Chicago Mercantile Exchange
NYMEX – New York Mercantile Exchange
Mercantile – related to goods, trading, commerce
Merchant – someone who buys or sells, works in commerce, trading

Finance – dealing with money and investment

Grammar

Especial (uncommon adjective) – either special (adjective) or especially (adverb)

He can’t know whether he made a proper price – He can’t know whether he got a good price / He can’t be sure what price he got