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With complex derivatives it's mostly driven by price.
With complex derivatives it's very much about here and now, as you can make money in a market that's going down as well as up.
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Backed by their AAA credit ratings, the two Fs have been heavy buyers of these securities, financing their buys with debt and hedging the transactions with complex derivative trades.
Sorting through the wreckage of the mortgage crisis, with its complex derivatives and millions of mortgages bundled into esoteric trading vehicles, is highly labor-intensive.
Who do you suppose came up with the concept of complex derivatives and credit swaps to manage risk?
Mercury II) salts form a variety of complex derivatives with ammonia.
For example, many pension funds and mutual funds can invest only in bonds with high credit ratings; complex derivatives often have credit rating triggers written into their contracts and many banks include credit rating criteria in their loans.
Complex derivatives traders work with a far larger and diffuse pool of clients, who could decide at any point to switch from one product to the next.
Most famous was the trading that stemmed from complex derivatives (like mortgages) with only a remote connection to the underlying product.
The refinancing was supposed to save money, but it set off a wave of influence-peddling and other illegal activity that led officials to sign up for complex derivatives contracts fraught with hidden risks.
Unlike Greek banks, or even Italian banks, French banks are global giants who trade hundreds of billions of dollars each day with their American counterparts, especially through complex derivatives trades where Société Générale and BNP Paribas are among the world's biggest players.
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