Understanding the Financial Derivatives Instruments

Understanding the Financial Derivatives Instruments

Cantürk Kayahan
ISBN13: 9781522539322|ISBN10: 1522539328|EISBN13: 9781522539339
DOI: 10.4018/978-1-5225-3932-2.ch003
Cite Chapter Cite Chapter

MLA

Kayahan, Cantürk. "Understanding the Financial Derivatives Instruments." Risk and Contingency Management: Breakthroughs in Research and Practice, edited by Information Resources Management Association, IGI Global, 2018, pp. 45-59. https://doi.org/10.4018/978-1-5225-3932-2.ch003

APA

Kayahan, C. (2018). Understanding the Financial Derivatives Instruments. In I. Management Association (Ed.), Risk and Contingency Management: Breakthroughs in Research and Practice (pp. 45-59). IGI Global. https://doi.org/10.4018/978-1-5225-3932-2.ch003

Chicago

Kayahan, Cantürk. "Understanding the Financial Derivatives Instruments." In Risk and Contingency Management: Breakthroughs in Research and Practice, edited by Information Resources Management Association, 45-59. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-3932-2.ch003

Export Reference

Mendeley
Favorite

Abstract

Today, core of the individual and institutional decisions are mainly finance and economics related thereby in today's world the most important success and performance indicators are financial results. Concepts which are called as change or innovation found themselves throughs derivative products in financial markets. Basically, the instruments that are known as forwards, futures, options and swaps have left their mark in last 20 years. However, after the 2008 financial crisis, these products have been labeled as toxic, complex or speculative and held solely responsible for the crisis. Whereas, first appearance of the derivative products was directed toward hedging and risk management. Therefore, objective of this study is to academically explain basic operating principles of financial derivative markets from conceptual and functioning point of view, to understand their places in world financial markets and to analyze their pricing examples. In this way, we aim to help students, academicians, and researchers make better assessment of derivative products.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.