衍生5个相关的2

衍生5个相关的

21.TheImportanceofPreventingFinancialDerivativesfromGoingAstray

2.TheProsandConsofInvestinginDerivatives

3.HowRegulationsAffecttheDerivativesMarket

4.EvaluatingtheRisksofDerivativesintheGlobalEconomy

5.TheFutureofDerivativesanditsImpactonSocietyDerivativesarefinancialinstrumentsthatarederivedfromunderlyingassetssuchasstocksbondsandcommodities.Theyareusedasameanstohedgeriskspeculateandtocreatemarketliquidity.Derivativeshavebecomeanimportantpartoftheglobalfinancialsystemwithamarketvalueestimatedatover$500trillion.Howeverastheuseofderivativeshasgrownsohaveconcernsovertheirpotentialdangers.Thefinancialcrisisof2008waslargelyattributedtothemisuseofderivativeswhichwereusedtocreatecomplexandopaquesecuritiesthatwerepassedoffaslow-riskinvestments.Thesesecuritiesdubbed“toxicassets”ultimatelyledtomassivelossesforinvestorsandawidespreadeconomicmeltdown.Inthewakeofthisdisasterstricterregulationswereputinplacetotryandpreventthisfromhappeningagain.Howevertheseregulationshavealsomadeitmoredifficultformarketparticipantstousederivativeseffectively.Manypeoplenowviewderivativesasariskyandcomplicatedfinancialinstrumentthatshouldbeavoidedaltogether.Despitetheseconcernsderivativesstillhavetheirproponents.Supportersarguethattheyprovidemarketparticipantswithawaytomanageriskmoreeffectivelyandthattheyareanimportanttoolforcreatingpricetransparencyandliquidityinthemarket.Theyalsoarguethatthemisuseofderivativeswastheresultofafailureofregulationnotafailureoftheinstrumentitself.Regardlessofwhereyoustandontheissueitisclearthattheuseofderivativeswillcontinuetoplayasignificantroleintheglobalfinancialsystem.Assuchitisimportanttoevaluatetherisksandbenefitsofderivativesandtocontinuetomonitortheirusetopreventthemfromgoingastray.InconclusionDerivativesareanassetclassthathasitsownsetsofprosandconsthatneedtobeweighedbeforemakinganyinvestmentdecisions.Investorsmustcontinuetoremainvigilantandinformedintheirapproachtowardsthederivativesmarketanddemandformoretransparencytoavoidanyfinancialdisaster.第PAGE页共NUMPAGES页。