Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

What is a derivative and how do they work? Despite derivatives (such as stock options) being a core part of the global financial system, with more than $600trn outstanding around the world, few people ...

The use of a derivative agreement to mitigate risk can be traced back to around 1754BC, when the Code of Hammurabi was set in stone in Babylon. That was 3,723 years before Euromoney began publication ...