title = "Derivatives Trading Mechanics"

content = """
Derivatives trading mechanics cover futures, options, and structured products.
Understanding these mechanics supports execution and risk management.

**Futures** are standardized contracts to buy or sell at a future date. HKEX
lists index futures, single-stock futures, and commodity futures. Mark-to-market
and margining occur daily.

**Options** grant the right to buy (call) or sell (put) at a strike price.
American and European styles affect exercise timing. Greeks inform hedging.

**Warrants and CBBCs** are leveraged products listed on HKEX. They have
different liquidity and risk profiles than underlying securities.

**OTC Derivatives** trade bilaterally. Documentation, collateral, and
counterparty risk management are critical. Central clearing applies to
certain products.
"""

version = "0.0.1"
