Swaps and financial derivatives: risks and returns

Authors

  • R.S. MASERA

DOI:

https://doi.org/10.13133/2037-3643/10681

Keywords:

Futures, options and swaps

Abstract

Derivative financial products have experienced a huge expansion during recent years. New products are constantly appearing which seek to expand the scope of risk diversification. Because of their comparatively low transaction costs, the volumes of derivative transactions have often exceeded those of the underlying instruments that are traded in cash markets. Given the size of derivative markets, it is even more important now to understand the risk-return profiles of the different products.

 

JEL: G20

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Published

2013-10-19

How to Cite

MASERA, R. (2013). Swaps and financial derivatives: risks and returns. PSL Quarterly Review, 46(184). https://doi.org/10.13133/2037-3643/10681

Issue

Section

Editorial