Dividing hedging and gambling: Legal implications of derivative instruments

The past three decades have seen the emergence in themarket of many different types of “derivativeinstruments”, ranging from futures, forwards, options,and swaps1 to some other hybrid instruments2 orsynthetic transactions3 . Along with insurance,derivative instruments help market participants notonl...

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Bibliographic Details
Main Author: CHEN, Christopher C. H.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2006
Subjects:
Online Access:https://ink.library.smu.edu.sg/sol_research/2609
https://ink.library.smu.edu.sg/context/sol_research/article/4567/viewcontent/VfPHedgingGamblingPDF.pdf
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Institution: Singapore Management University
Language: English
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