CIOLPAN, Mircea; FIRTAT, Anduena - In: Finante - provocarile viitorului (Finance - Challenges … 1 (2008) 7, pp. 203-210
In a developing and fluctuant world, derivatives help the investors to avoid risks and moreover to assume them when it is necesary. The trade of the derivatives contributes to the growth of liquidity of the assets’ market. For the banks, which traditionally avoid risks, this fact combined with...