No economic theory suggests you should value mortgage derivatives on the basis that house prices would always rise .
没有经济理论告诉你要以房价会一直上涨为基础来衡量抵押衍生物的价值。
The first is the explosion of credit derivatives , which protect buyers from the risk of default .
第一个是信贷衍生物的爆炸式增长,它保护买方免受违约之风险。
These credit derivatives have exploded in recent years , to an outstanding notional amount of $ 43 trillion .
这类信用衍生物近年来发展迅速,目前价值达到4300万亿这个令人吃惊的数目。
Differences between proposed american and european rules on derivatives may mean that banks build separate infrastructures on either side of the atlantic .
美国与欧洲在金融衍生物上的不同规定可能会使银行必须在大西洋两岸建立不同的基础金融机构。
Britain is very good at it , leading the world in various financial markets , including foreign exchange and over-the-counter derivatives .
英国在这方面很擅长,主导了全球各个金融市场,其中包括了外汇和跨国衍生物。
The 12-credit core includes courses on valuation and derivatives , while electives cover financial restructuring and risk management .
12学分的核心课程包括股价估值和衍生物品种,同时选修课包括金融结构和风险管理。
The engineers designed derivatives and securitisations , from simple interest-rate options to ever more intricate credit-default swaps and collateralised debt obligations .
工程师设计出金融衍生物并把资产证券化,从简单的利率期权到错综复杂的信用违约互换和担保债务凭证。
Financial innovation has a bad reputation at the moment , because exotic derivatives were one of the causes of the credit crunch .
目前,金融创新极富衰名,因为这一外来的衍生物正是导致信用危机的原因之一。
Derivatives exchanges grew up offering contracts for the future delivery of commodities that were often produced , imported or widely traded nearby .