The key to understanding derivatives is a deeper understanding of all that's underlying. (Morgan Stanley)
Derivatives are nothing more than a set of tools. And just as a saw can build your house, it can cut off your arm if it isn't used properly. (Walter D. Hops)
Derivatives are not the devil incarnate. But they may not be the Holy Grail either. (Andrew M. Coleman)
Derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal. (Warren Buffet)
Derivatives don't kill companies. People kill companies. (Anonymous)
FINANČNÉ DERIVÁTY
Finančné produkty, ktorých hodnota je odvodená (derivovaná) od hodnoty určitého finančného nástroja (podkladového aktíva).
Dohoda zmluvných strán predmetom, ktorej je nákup/predaj určitého nástroja v budúcnosti za vopred dohodnutú cenu.