D, Assoc. Prof. Roxana Angela Calistru Ph.; D, Assoc. … - In: Annals of University of Craiova - Economic Sciences Series 4 (2011) 39, pp. 138-141
Derivatives were initially a response to the increased volatility of financial markets, but then the growth of … financial derivatives has played a role in exacerbating shocks. Hence, implications of derivatives for the functioning of … costs, derivatives facilitate the taking of speculative positions and can assist uninformed investors in taking market …