Journal Article
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.
Keywords: Money market; Liquidity (Economics); Risk; options; Swaps (Finance); Futures;
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File(s): File format is application/pdf https://www.newyorkfed.org/medialibrary/media/research/quarterly_review/1992v17/v17n4article2.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1992
Volume: 17
Issue: Win
Pages: 28-43