Learn what financial instruments are, explore major types and asset classes, and understand how they work in investing, trading, and portfolio construction.

A derivative is a financial contract whose value is dependent upon or derived from one or more underlying assets. While a derivative can be bought and sold, it has no value without the underlying ...

The consultation paper aims to clarify the classifications of derivatives and provide a consistent approach for entities operating across the EU. The European Securities and Markets Authority (ESMA) ...

Financial derivatives are financial instruments that are linked to a specific financial instrument or indicator or commodity, and through which specific financial risks can be traded in financial ...