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Building the Global Market - A 4000 Year History of Derivatives (Hardcover)
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Building the Global Market - A 4000 Year History of Derivatives (Hardcover)
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Derivatives trading is now the world's biggest business, with an
estimated daily turnover of over US$2.5 trillion and an annual
growth rate of around 14 per cent. Derivatives markets have ancient
origins, and a long and complex history of trading and regulation.
This work examines the history of derivative contracts, their
assignability and the regulation of derivatives markets from
ancient Mesopotamia to the present day. The author concludes with
an analysis of future regulatory prospects and of the implications
of the historical data for derivatives trade and regulation.
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