derivative instrument

However, the unique characteristics of derivative financial instruments also make them become a financial instrument with high risk.

然而，衍生工具的种种特性又必然使其成为一种高风险的金融工具。

A derivative is a financial instrument whose payoff depends on an underlying asset, such as a stock or a future contract.

衍生品是一种金融工具，它们的到期日的损益依赖于基础资产，其基础资产可以是股票，股票指数，期货，利率等。

As one of the derivative securities, the option takes an important position in financial market. For decades, it has been developing rapidly as an instrument for arbitrage and risk prevention.

期权作为衍生证券的一种在金融活动中扮演着十分重要的角色，几十年来它作为一种防范风险和投机套利的有效手段而得到迅猛发展。

Lastly we discuss two kinds of derivative instrument, futures and options.

最后探讨两类衍生工具：远期与期货、期权。

Stochastic analysis methods are an important theoretical foundation and analysis instrument for research on pricing financial derivative securities.

随机分析构成了金融衍生证券定价研究的重要理论基础与分析手段。

The appearance of the financial derivative instrument impacts the traditional financial accounting from confirmation, valuation te disclosure because it is different from the traditional essential accounting factors.

由于衍生金融工具和传统的会计要素有所区别，因此，它的出现对传统财务会计从确认、计量到披露都带来了冲击。

The Derivative Financial Instrument accounting has already become the important branch of the modern accountant studied.

衍生金融工具会计已经成为现代会计的重要分支.

As it were, financial derivative instrument also contained huge risk meanwhile it can spread risk and reduce the cost of capital.

可以说，衍生金融工具在分散风险、降低资金成本、提高经济效益的同时，其本身也蕴含着巨大的风险。