A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.

The scale of derivatives held by major banks like JPMorgan Chase & Co., Citibank and Goldman Sachs, amounting to $203 trillion, has raised concerns about the potential risks these positions might pose ...

NEW YORK, July 23 (Reuters) - U.S. companies with high levels of debt are also large participants in the interest rate derivative markets, though the use of credit derivatives by non-financial firms ...

What price liquidity?Total Derivatives’ 2011 interest-rate derivatives rankings were surveyed in the midst of a choppy, troubled market in which inflation-linked products have come to the fore and ...

Simply sign up to the Fund management myFT Digest -- delivered directly to your inbox. Despite concerns about their use, properly structured derivatives strategies play an important role in managing ...

A version of this article first appeared in Total Derivatives. Total Derivatives is the prime source of real-time news and analysis of the global fixed income derivatives markets. In the second such ...