These funds generally invest in publically listed securities and derivative instruments based on such securities.

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Such objectives are achieved through the use swaps, futures contracts and other derivative instruments.

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However, investments in these types of derivative instruments bring terms such as contango and backwardation into the equation.

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It addresses proprietary trading of all kinds of financial instruments, including derivative instruments.

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Wildly gyrating markets also raise doubts about the derivative instruments Olam uses to hedge the inventory it must carry.

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