Over the past three decades, the market for financial derivatives has developed at an amazing speed. They could be used for hedging and other legitimate purposes. However, they are also blamed for the current financial crisis. This book proposes to analyze some fundamental issues to the nature and root of financial derivatives. This book would describe derivatives generally as contracts to trade risk. From this perspective, this book would use some case laws in the UK and US to explore the ...
Over the past three decades, the market for financial derivatives has developed at an amazing speed. They could be use...