Risk and Lucrativeness of the Financial Instruments

Guni Claudia Nicoleta ()
Additional contact information
Guni Claudia Nicoleta: “Spiru Haret” University, Faculty of Financial and Accounting Management

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 559-563

Abstract: With the passing of time and as a result of progress in information technology, trading mechanisms of derivate financial instruments have evolved from the “open outcry auction” system to “electronic trading”. Currently, almost all stock markets in the world use performant electronic platforms, the trading floors thus becoming a part of the modern history of stock markets. The stock markets trade derivate financial instruments having a standard in terms of feature elements, called “contract specifications”. Participants which are authorized for the stock market are the intermediaries who have the right to conclude transactions on their own behalf or on behalf of clients such as institutional investors (commercial banks, mutual funds or pension funds, insurance companies, corporations) or retail investors (individuals). The performances for each activity are assessed by means of indicators whose levels and trends will be compared with the previous objectives, rules or results. At each of these levels, the activity can be retained as representative.

Keywords: net investment; fair value; embedded derivative product; hedging operations. (search for similar items in EconPapers)
JEL-codes: G3 G32 G34 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/volum2011p2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:559-563

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().