A származékos ügyletek szerepe, nemzetközi és hazai piacainak áttekintése a globalizálódó világgazdaságban

Tóth Kornél and Dékán Tamásné Orbán Ildikó: A származékos ügyletek szerepe, nemzetközi és hazai piacainak áttekintése a globalizálódó világgazdaságban. In: Taylor : gazdálkodás- és szervezéstudományi folyóirat, (8) 5. pp. 155-165. (2016)

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In the last few decades the global and regional economic changes contributed significantly to the development of financial markets worldwide which encouraged companies to mitigate their added risks arising from increased international business activities. Nevertheless, changes in global financial markets and financial innovations have led to the increasing use of derivative instruments (such as forwards, futures, swaps, and options) to hedge risk exposure resulting from variations in both exchange rates and interest rates. A derivative can be defined as a financial instrument whose value depends on the value of other underlying assets. Derivatives are basically designed to achieve an economic result when the price of an underlying security, index, interest rate or commodity moves. The paper outlines the fundamental characteristics of derivative instruments, describes their trends in international and Hungarian markets, and provides some insights into their role in the recent financial crisis, besides it illustrates certain regulation and risk management issues associated with them.

Item Type: Article
Journal or Publication Title: Taylor : gazdálkodás- és szervezéstudományi folyóirat
Date: 2016
Volume: 8
Number: 5
ISSN: 2064-4361
Page Range: pp. 155-165
Language: Hungarian, English
Related URLs: http://acta.bibl.u-szeged.hu/43808/
Uncontrolled Keywords: Kockázatkezelés
Additional Information: Bibliogr.: p. 164-165.
Date Deposited: 2017. Jun. 29. 08:11
Last Modified: 2021. Jul. 23. 09:36
URI: http://acta.bibl.u-szeged.hu/id/eprint/44320

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