ПРОИЗВОДНЫЕ ФИНАНСОВЫЕ ИНСТРУМЕНТЫ, ИХ РИСКИ И ВОЗМОЖНОСТЬ ИСПОЛЬЗОВАНИЯ В РЕГИОНАЛЬНОЙ ЭКОНОМИКЕ

Abstract

The market of derivative financial instruments as a market for contracts for a specific underlying asset (commodity, currency, interest rate, loan debt, etc.) is an area of close interest of researchers, which indicates not only its exclusive role among other sectors of the financial market, but also a significant amount of risks that require careful analysis and evaluation. Presentation characteristics of derivative financial instruments, clearly focused on providing appropriate information to prospective beneficiaries at all stages of both the appearance and existence of derivatives, focused on the possibility of overcoming the risks of investment investments. However, there was no specification of entities that take on the consequences of unfavorable loss-making situations based on the results of operations on the derivatives market. The review analysis shows that real losses are incurred either by representatives of the real sector of the economy, or by hedgers, or by insufficiently successful participants in professional activities in the field of operations with derivative financial instruments. The researchers of the sphere of operations with derivative financial instruments, the tasks of clarification and justification of the essential characteristics, role, functions of derivatives market as at the macro economic level and at the level of the regional economy; the study of logic, laws and patterns of the presence of the derivatives market in the financial relations system of the country as a whole and its regions; justification of the need to identify criteria for assessing the impact of the derivatives market on the stability of the economic system of the Russian Federation and the country's regions; regulatory and legislative regulation and risk management at all levels.