American Derivative Securities

We start by briefly surveying a research on optimal stopping games since their introduction by Dynkin more than 40 years ago. Recent renewed interest to Dynkin’s games is due, in particular, to the study of Israeli (game) options introduced in 2000. We discuss the work on these options and related derivative securities for the last decade. Among various results on game options we consider error estimates for their discrete approximations, swing game options, game options in markets with transaction costs, and other questions.

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Interest Rate Derivative Securities

Springer Finance - Derivative Securities and Difference Methods ◽

10.1007/978-1-4614-7306-0_5 ◽

2013 ◽

pp. 277-345

Author(s):

You-lan Zhu ◽

Xiaonan Wu ◽

I-Liang Chern ◽

Zhi-zhong Sun

Keyword(s):

Interest Rate ◽

Derivative Securities ◽

Interest Rate Derivative

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A Simple Model for Pricing Derivative Securities with Equity, Interest-Rate, Default and Liquidity Risk

SSRN Electronic Journal ◽

10.2139/ssrn.424025 ◽

2003 ◽

Cited By ~ 7

Author(s):

Sanjiv Ranjan Das ◽

Rangarajan K. Sundaram ◽

Suresh M. Sundaresan

Keyword(s):

Simple Model ◽

Interest Rate ◽

Liquidity Risk ◽

Derivative Securities ◽

Pricing Derivative Securities

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Factors affecting the development of the Vietnamese derivative securities market

Investment Management and Financial Innovations ◽

10.21511/imfi.17(4).2020.03 ◽

2020 ◽

Vol 17 (4) ◽

pp. 25-32

Author(s):

Tran Quoc Thinh ◽

Ly Hoang Anh ◽

Nguyen Ngoc Khanh Dung

Keyword(s):

Ordinary Least Squares ◽

Economic Resources ◽

Securities Market ◽

Derivative Securities ◽

International Integration ◽

Factors Affecting ◽

State Management ◽

Integration Strategy ◽

Regulatory Bodies ◽

Survey Sample

In the context of integration, the capital market has important implications for strengthening economic resources for development. This becomes even more important as the derivative securities market has recently emerged in some countries. It is an opportunity for countries to approach many capital sources, especially foreign capital. The objective of this paper is to identify factors affecting the development of Vietnamese derivative financial markets. The paper uses exploratory factor analysis and ordinary least squares to test the model. A survey sample includes 152 managers and experts of Vietnamese derivative securities companies in 2019. The results show that the International integration factor has the same direction, while the Legal environment factor has an adverse impact on the development of the Vietnamese derivative securities market. Therefore, Vietnamese regulatory bodies should amend some laws to create stability in the legal corridor, and state management agencies in the country need the orientation and the international integration strategy to attract financial resources for the development of Vietnam’s economy.

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