Abstract
A phenomenal proliferation of derivative securities and their widespread use in trading and risk management is perhaps one of the most significant developments in the financial world in recent time.
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Notes
- 1.
Figures of non-derivatives are also from BIS to preserve consistency.
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Wang, P. (2020). Global Derivatives Markets. In: The Economics of Foreign Exchange and Global Finance. Springer Texts in Business and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-59271-7_12
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DOI: https://doi.org/10.1007/978-3-662-59271-7_12
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