The objective of this contribution is not only to explain the position of financial derivatives on global financial markets, but also evaluate their impact on the operation of financial systems. The core of this contribution is dedicated to the OTC derivatives instruments that in the period...

The article describes the procedures by which you can appreciate the potential receivables and payables, whose size depends on interest rates (reference interest rates e.g. 1M USD LIBOR) or reference exchange rates. The article describes the procedure, which enables to estimate price of...

The paper shows the way you can in forensic practice solve problem of proving the existence of excessive trading (churning) in client securities account held by securities dealer. Mentioned securities account held derivatives also. Derivatives are especially futures, options and ETF funds that...

Shifting to the ESA2010 is going to introduce new statistical treatment with interest under swaps and forward rates agreements (FRA) which will be further not part of the Excessive deficit procedure. The objective of the article is discuss financial derivatives notations from statistical and...

Churning is one of the unethical practices used by brokers while trading in a customer’s account. It consists in an excessive trading in a customer’s account that is disadvantageous for the client. This technique is described in more details in the field of non-leverage financial...

Natural response to the financial crisis is mostly increased regulation. This was happened in history, as well as in the global financial crisis today. The reasons for this usually lie in the fact that the one of the main considered direct causes of the crisis is insufficient or incorrect...

The paper deals with weather derivatives and index-based insurance as the potentially new tools for risk management of agricultural enterprises seeking to mitigate their income exposure to variations in weather conditions. The aim of the paper is to point out some problems of index estimation...

The aim of the paper is to apply a theory of asymmetric information to managing production risk in agriculture. The second part of the paper is devoted to the tools for reducing the information asymmetry - parametric products (weather derivatives, index insurance). The results are based on...

This paper wants to give a basic overview of arguments for and against of using the financial derivatives tools in the field of foreign exchange risk management. The case study shows, how the separate hedging instruments have impact on P & L statement. This paper discusses different relationship...