Implementation of financial derivatives on the capital market of Republic of Moldova: challenges and opportunities

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Date

2015

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"Victor Slăvescu" Centre for Financial and Monetary Research

Abstract

The creation of derivatives market in Republic of Moldova is an actual necessity dictated by the improvement of market relations on international financial market and the development of national capital market. However, the implementation in practice of this desideratum can be realized in certain circumstances. The Moldovan capital market is very young and is trying hard to conform to international standards. Its evolution hasn’t still reached the level of investors’ expectations and is facing serious problems. This research includes the analysis of capital market of Republic of Moldova and possibilities of implementing derivative instruments by market participants.

Description

Bibliogr.: p. 141 (10 titl.). Jel classification: G23, G28, Q14.

Keywords

capital market, derivatives market, derivative financial instruments, futures, forward contract, stock exchange, commodity exchange, OTC market, Republic of Moldova

Citation

IORDACHI, Victoria, ROSCA, Marcelina. Implementation of financial derivatives on the capital market of Republic of Moldova: challenges and opportunities. In: Journal of Financial and Monetary Economics. 2015, no. 2, pp. 135-141. ISSN 2392-9685; ISSN L 2392-9685.

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