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2011 | 9 | 3 | 38-42
Article title

Interest rate derivatives in developing countries in Europe

Content
Title variants
Languages of publication
EN
Abstracts
EN
Financial derivatives (interest rate futures, options and swaps) are a very simple way to minimize interest rate risk and therefore are extremely popular. The value of interest rate derivatives transactions in the world is increasing dramatically. Unfortunately, this is not the case with developing countries in Europe. Although significantly increased in the last decade, interest rate derivatives markets in developing countries are still in nascent stage. In most developing countries still the main problem for the interest rate derivatives development is the lack of basic conditions, including inadequate measurement of interest rate risk exposure, underdevelopment of financial markets in general and especially of market instruments that underlying derivatives, weak and/or inadequate infrastructure and legal framework, misunderstanding and lack of experience in operations with financial derivatives and the complexity of the derivatives accounting.
Year
Volume
9
Issue
3
Pages
38-42
Physical description
Contributors
  • University of Singidunum, Serbia
author
  • Redakce PIEB, Prague Development Center s.r.o., Bořivojova 1081 / 40, 130 00, Prague 3 - Žižkov, Czech Republic
References
  • BIS, 2010. Triennial and semiannual surveys, Positions in global over-the-counter (OTC) derivatives markets at end-June 2010, Monetary and Economic Department, November 2010
  • BIS, 2010. Triennial Central Bank Survey Foreign exchange and derivatives market activity in April 2010, Preliminary results, Monetary and Economic Department, September 2010
  • BIS, 2010. Quarterly Review, December 2010
Document Type
Publication order reference
YADDA identifier
bwmeta1.element.cejsh-a3e98c37-88d8-4934-925a-174dd2780912
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