期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2011
卷号：11
期号：1
语种：English
出版社：Ovidius University Press
摘要：From individual investors to corporations and financial firms,derivatives have been used to hedge against,or speculation,changes in prices,rates,indexes,potential defaults on debts. Without any oversight,derivatives market and especially OTC derivatives rapidly became out of control growing to more than $700 trillion in notional amount. The paper’s goal is to analyze the influence derivative market played in this crisis and the main reforms taken to prevent this kind of event for the future.
