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Derivatives: Theoretical Approach Accounting for Market Realities
https://doi.org/10.32609/0042-8736-2003-8-41-55
Abstract
The article analyses how different factors, including market environment and intra-firm factors, have influenced the rapid development of derivatives market during the last 20 years. The author studies the fundamental concept of the derivative instruments regulation (SFAS 133) and proposes some amendments to the regulatory statute. He also builds a conceptual model of the derivative instrument and suggests a system for derivative instruments classification. The analysis of modern derivative instruments' potentially harmful characteristics is also carried out.
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Review
For citations:
Zabulonov A. Derivatives: Theoretical Approach Accounting for Market Realities. Voprosy Ekonomiki. 2003;(8):41-55. (In Russ.) https://doi.org/10.32609/0042-8736-2003-8-41-55
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