A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.
An economic derivative is a financial contract where payouts depend on future economic indicators. It helps manage risk and speculate on economic forecasts.
However, larger banks can face the same issues with outdated technology and despite the deeper pockets it can be easier to ...
Financial derivatives are financial instruments that are linked to a specific financial instrument or indicator or commodity, and through which specific financial risks can be traded in financial ...