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Difference between financial instruments and financial securities

Ssomira108y ago
Hi Sir, What is the difference between financial instruments and financial securities?
John MoffatJohn MoffatTutor8y ago#1
Financial securities tend to be stocks/shares/bonds etc whereas financial instruments generally are derived from them such as derivatives (financial futures etc.). However I really do not know why you are asking this, since the distinction is not relevant for Paper F9.
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