A new dawn

Now that the financial community has finally become comfortable with derivatives, the next challenge is to trade these instruments using STP methods. STPforum reports

Over the past decade derivatives have made the transition from feared financial instruments to commonplace, commoditised securities. Derivative instruments such as interest rate and currency swaps, floating rate agreements and futures and options are the routinely deployed tools that offer profit and protection for corporate treasurers, asset managers and all manner of financial services