To Lieutenant Lane's memorial on The Virtual Wall. Lieutenant Drazba and Lieutenant Jones were assigned to the 3rd Field Hospital in Saigon. They died in a helicopter crash near Saigon, February 18, 1966. Drazba was from Dunmore, PA., Jones from Allendale, SC.
DEFINITION of 'Exchange Traded Derivative'. A financial instrument whose value is based on the value of another asset, and that trades on a regulated exchange.
Derivatives are contracts that originated from the need to limit risk. For a better conceptual understanding of different kind of derivatives, you can see this link. Derivative contracts can be standardized and traded on the stock exchange. Such derivatives are called exchange-traded derivatives. Or they can be customised as per the needs of the user by negotiating with the other party involved. Such derivatives are called over-the-counter (OTC) derivatives. A Derivative includes: (a) a security derived from a debt instrument, share, loan, whether secured or unsecured, risk instrument or contract for differences or any other form of security ;