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There are many ways to 'categorise'. The most basic form has 2 categories;

1) Forwards (including swaps and futures)

2) Options

A Derivative is a financial product that is derived out of the value of an underlying asset. Derivatives are very popular and are widely used financial instruments.

Derivative products can be classified into the following main types:

1. Forwards

2. Futures

3. Options

4. Swaps

5. Warrants

6. Leaps &

7. Baskets

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