The Federal Reserve System or Federal Reserve, informally known as The Fed, known simply as the Federal Reserve, is responsible for carrying out the duties of the central bank of the United States.

A futures hedge is a way of reducing business risk while still making a profit on an investment by entering into two trades that are correlated, opposite in direction, equal in quantity and offsetting in profit and loss.

A share warrant is a marketable security issued by the issuer of the underlying security or a third party other than the issuer, which provides the holder with the right to buy or sell the underlying security from the issuer at an agreed price within a specified period or on a specified maturity date, or to receive the settlement spread through cash settlement.