Chapter 14: The Financial Future

An extract from Key Financial Instruments: Understanding And Innovating In The World Of Derivatives.

Everything has been thought of before, but the problem is to think of it again.  Goethe

Section A Likely Developments

key financial book coverSo what kind of products can we see in the future One thing certain is that we will see a return to simplicity and some genuine innovations.

Markets demonstrate collective amnesia all too often and reinvent products on a regular basis. As clients get more and more sophisticated and, arguably more importantly, as the tax authorities and regulators...

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