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. – GoetheSection A: Likely DevelopmentsSo 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 keep up with the inno…
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