derivatives including all firms based in the European Union. On average, we find that around 75% of market gross notional relates …

derivatives including all firms based in the European Union. On average, we find that around 75% of market gross notional relates …

intermediaries. Professional financial intermediaries did not form densely connected networks of trade that were the hallmarks of …

combine the philosophical understanding of the nature and logic of the derivatives market with an analysis of the entirely …’s understanding of the fundamental logic of derivatives with Jonathan Nitzan and Shimshon Bichler’s account of capital as power. Such … a ‘power theory of finance’ answers both to Ayache’s claims as to the singular importance of derivatives for an …