| Journal Call no. | HG1302.Q37 |
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| Author | Yam, Joseph. |
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| Article Title | Derivatives : market development and risk management. |
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| Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.2, Feb 1995, p.30-36. |
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| Abstract | Derivatives are contracts whose price depends on price movements of an underlying asset. They can be used for hedging, arbitraging and speculating. The derivatives market has been growing rapidly. International bodies have been developing standards for their prudent use, which form the basis of Hong Kong Monetary Authority's guidelines. |
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