Finansal Türevler: Efsaneleri ve Algılanma Hataları(Financial Derivatives: Myths and Misperceptions)

Abstract

World’s financial services industry has been developing and changing fast. In this development or changing, derivative markets constitute changing side of finance sector by their applications in risk measurement, management and conception. Though, this instruments were used for risk management, many people think that they are dangerous and should be forbidden. In fact, these instruments are the main contemporary financial risk management instruments which can be used for protecting firms to changing market conditions and for corresponding to these changes. In this study, some evaluations about 10 basic myths explaining financial derivative products and misperceptions of these myths are performed in terms of both Turkey and world financial markets. Accordingly, it is emphasized that market regulations and legal structure are not enough and it is mistake to show that these instruments are fully responsible for organizational failures.

Keywords

• Finans
• Türev
• Efsane
• Finance
• Derivative
• Myth