A brief analysis of Credit Derivatives in the Guatemalan stock market
Keywords:
Premium, Credit, options, Markets, Brokers, securities, Stocks, Bonds, ContractsAbstract
Financial derivative products, which range from simple forward contracts to products with a variety of purchase and payment options, are increasingly gaining importance in global financial markets. These derivatives provide investors with the ability to manage and transfer risk associated with the eventuality of a debtor's financial default. They are already being implemented in numerous emerging markets and, as the financial sector deepens and stabilizes, their use will undoubtedly increase. This study provides fundamental information about the different types of derivatives that are traded or exchanged, data related to the Guatemalan stock market, and an example of how these products are valued, as well as their accounting record and statistical treatment.
References
Cabanellas de las Cuevas, G. (2009). Mercado de Capitales. Editorial Heliasta, S.R.L.
Hernández Hernández, F. G. (2003). Los Contratos de Futuros. Ediciones Pirámide, S.A. (1a. Edición).
Hull, J. C. (2006). Options, futures, and other derivatives. Pearson Education.
Miller, M. H. (1999). Los Mercados de Derivados. (1a. Edición).
Tosi, R. & otros. (2010). Mercado de Capitales, Manual para no especialistas. Editorial Temas.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License 4.0 that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
