We present an analysis of the determinants of Asia-Pacific banks’ extent of derivative activities. Our findings suggest … reveal that Asia-Pacific dealer banks tend to use more foreign currency derivatives while interest rate derivatives are …

derivatives. It characterizes optimal hedge positions and shows that regret aversion leads to stronger incentives to hedge …

counterparty credit risk in derivatives markets. I perform an empirical study of the incentives for voluntary central clearing of … significant amount of clearing happens only for credit and interest rate derivatives, while equity, foreign exchange, and … commodity derivatives are rarely centrally cleared. The results validate theoretical literature, and guide future modeling of …

literature is twofold: (i) We present a theoretical two-period regret model that allows us to analyze the determinants of the …

. Therefore, the aim of this article is to systematise the potential risks of derivatives in the context of the past global … revealed the challenges and risks of derivatives and showed the tremendous impact that their imprudent use may have on the … certain risks. Infrastructures of the derivatives market, liquidity and an adequate supervisory framework are necessary to …

Purpose - the study has a dual purpose. First, to assess the impact of the most important determinants of financial … relationships between performance measures and selected determinants. The second model highlights the relationship between the … different performance measures and the determinants used in the first model. Findings - the determinants analysed have different …