Derivatives in emerging markets

Article OPEN
Dubravko Mihaljek ; Frank Packer (2010)
  • Journal: BIS Quarterly Review, issue December
  • Subject:
    • jel: jel:F31 | jel:G15 | jel:G20 | jel:P45

Turnover of derivatives has grown more rapidly in emerging markets than in developed countries. Foreign exchange derivatives are the most commonly traded of all risk categories, with increasingly frequent turnover in emerging market currencies and a growing share of cro... View more
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