The recent growth of financial derivative markets
Abstract: This article examines the reasons for the phenomenal growth of financial derivative markets in recent years. The author shows how specific demand forces have largely determined the direction and speed of the derivatives' spread.
File(s): File format is application/pdf http://www.newyorkfed.org/research/quarterly_review/1992v17/v17n4article2.pdf
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1992