DOI:

Abstract

Derivatives constitute an important segment of the stock market, especially in developed economies. An instrument for transferring risks, derivatives represent an inevitable development of the stock market in a country. In Vietnam where the stock market is still in its infant stage, derivatives are getting more and more attention from market participants. The paper presents some initial observations by HoSE authority about market demand for a derivative exchange, an analysis of advantages and disadvantages needed for selecting an appropriate model, and a roadmap suggested by Oliver Fratzscher for the building of an effective derivative exchange

Keywords

Derivatives; Vietnam's Stock Market; Hose; Demand; Investors; Advantages; Disadvantages.