A derivative is a financial contract whose value is “derived” from another security, such as a stock, bond, commodity, currency or a market index. The most common types of derivatives are options, ...
The European Securities and Markets Authority (ESMA) has sent a letter to the European Commission asking for clarification of the definition of a derivative or derivative contracts under the European ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...