A derivative instrument is a contract between two parties that specifies conditions (especially the dates, resulting values of the underlying variables, and notional amounts) under which payments, or payoffs, are to be made between the parties.
One day one sentence:Financial reforms within the US since the financial crisis have served only to reinforce special protections for derivatives, including greater access to government guarantees, while minimizing disclosure to broader financial markets.
so familiar word, and so interesting knowlege, it is useful for the people of investment bank.
the drivatives of China Financial Market become more and more.
thanks for your hard work.