important for emerging market countries that are experiencing remarkable growth in derivatives markets. Using firm level data …, we report a significant fall in exposure over the past 10 years and relate this to higher derivatives market …-Dumas (1984) model. Next, we follow an indirect approach to infer derivatives market participation at the firm level. Finally, we …

of risk management. Most courses on derivatives, futures and options, and financial engineering are taught from the … corporation, the utility, the software firm — any potential end-user of derivatives, but not the dealer. Among the topics we will …

for equities. Second, it examines whether or not crude oil derivatives transactions by oil and gas producers can change … crude oil derivatives transactions, and the systematic risk exposure effect of crude oil derivatives transactions. In … crude oil mixed with equities, this study then examines the value effect of crude oil derivatives transactions by oil and …

credit derivatives. This paper will examine the governmental and private regulatory systems that aided the proliferation of …

market for mortgage backed securities or credit derivatives. Moreover, the observed behavior of traders and institutions that …

an approach to derivatives instruments used to temper or even eliminate them. To illustrate the use of these derivatives …

Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we …