Should we fear financial derivatives, or embrace them? Finance experts Simon Grima and Eleftherios I. Thalassinos explore what financial derivatives are, and whether the investment world should consider them useful tools, or a complete waste of time and money.

Financial Derivatives have long been the subject of conflicting views. For some, they are a useful instrument, too often maligned by those who do not understand them; for others, they are a complete waste of time and money. But which is it? Should we embrace financial derivatives, or fear them?...

Derivatives are nowadays widely used globally both for speculative and hedging purposes. However, as experience shows, inadequate use of derivatives may cause severe problems and even bankruptcy of firms. Thus, it is essential to help organizations design a robust proactive governance and...