Derivatives financial market development as a result of innovation activity in financial market
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Date
2016
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
"Victor Slăvescu" Centre for Financial and Monetary Research
Abstract
Development of financial derivatives as financial innovation and development of market of financial derivatives expand in general is the result of the investment activity in the financial market, linked with widening of investment space of the financial capital non-integrated into the production process and which is not a part of capital loan. Thus, implementation of financial derivates was generated by the redistribution of price risks and their economic functions: providing coverage possibilities, insurance against changing prices on the capital market and insurance of financial risks.
Description
Bibliogr.: p. 76 (3 titl.). JEL classification codes: G 15, G 23.
Keywords
financial derivatives, financial innovation, financial risk, vanilla derivatives, financial market
Citation
COCIUG, Victoria, POSTOLACHE, Victoria. Derivatives financial market development as a result of innovation activity in financial market. In : Journal of Financial and Monetary Economics. 2016, no. 3, pp. 72-76. ISSN 2537-3269; ISSN L 2392-9685.