IDEAS home Printed from https://ideas.repec.org/a/fip/fedbne/y1995isepp3-25.html
   My bibliography  Save this article

Managing risk in the 90's: what should you be asking about derivatives?

Author

Listed:
  • Cathy E. Minehan
  • Katerina Simons

Abstract

Derivatives are the fastest-growing financial instruments of our time. When used strategically, they can be very effective tools to mitigate risks. When used to speculate, that is, to bet on the inefficiency of financial markets, they can be trouble, especially if you are unaware that you are betting.> On April 28,1995 the Federal Reserve Bank of Boston held an educational forum entitled \"Managing Risk in the '90s: What Should You Be Asking about Derivatives?\" The daylong forum, presented by experts from nonfinancial corporations, investment and commercial banks, pension funds, issuers of securities, academics, lawmakers, and government regulators, discussed important issues in the management of risk. The speakers outlined a conceptual framework for analysis of derivatives and suggested risk management guidelines for successful use of derivatives. This article is based on the presentations and discussions at that forum.

Suggested Citation

  • Cathy E. Minehan & Katerina Simons, 1995. "Managing risk in the 90's: what should you be asking about derivatives?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-25.
    • Handle: RePEc:fip:fedbne:y:1995:i:sep:p:3-25
    as

    Download full text from publisher

    File URL: http://www.bostonfed.org/economic/neer/neer1995/neer595a.htm
    Download Restriction: no
    File URL: http://www.bostonfed.org/economic/neer/neer1995/neer595a.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Peter Fortune, 2003. "Margin requirements across equity-related instruments: how level is the playing field?," New England Economic Review, Federal Reserve Bank of Boston, pages 31-50.
    2. Hester,D.D., 2003. "U.S. monetary policy in the Greenspan era: 1987-2003," Working papers 23, Wisconsin Madison - Social Systems.

    More about this item

    Keywords

    Derivative securities;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedbne:y:1995:i:sep:p:3-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Spozio (email available below). General contact details of provider: https://edirc.repec.org/data/frbbous.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.