LEADER 03428nam 2200613Ia 450 001 9910463996203321 005 20180914194611.0 010 $a1-4623-8199-5 010 $a1-4518-7343-3 010 $a1-4527-9143-0 010 $a9786612844041 010 $a1-282-84404-0 035 $a(CKB)3170000000055341 035 $a(EBL)1608813 035 $a(SSID)ssj0000943304 035 $a(PQKBManifestationID)11503279 035 $a(PQKBTitleCode)TC0000943304 035 $a(PQKBWorkID)10977407 035 $a(PQKB)10703416 035 $a(OCoLC)649749810 035 $a(MiAaPQ)EBC1608813 035 $a(EXLCZ)993170000000055341 100 $a20100225d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe derivatives market in South Africa$b[electronic resource] $elessons for Sub-Saharan African countries /$fprepared by Olatundun Janet Adelegan 210 $a[Washington, D.C.] $cInternational Monetary Fund, Monetary and Capital Markets Dept.$d2009 215 $a1 online resource (36 p.) 225 1 $aIMF working paper ;$vWP/09/196 300 $a"September 2009." 311 $a1-4519-1766-X 327 $aCover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Background; III. Current State of the Market; 1. South Africa: Share of Emerging Market Over-the-Counter Derivatives, 2007; 1. Trading Volume of Over-the-Counter Derivatives in South Africa, 2001-07; 2. South Africa: Trading Volume of Exchange-Based Traded Derivatives, 2007; 2. Trading Volume of Exchange Based Options and Future Contracts in South Africa, 2001-2008; 3. Change in Exchange-Based Derivatives in South Africa 2001-07; 4. Economic and Capital Market Growth Rates in South Africa, 2001-06 327 $a5. Notional Amount of the Exchange-Traded Derivatives in South Africa 6. Rankings in Ease of Doing Business, Protecting Investors, and Enforcing Contracts in Selected Sub-Saharan African Countries for 2008; IV. Current Issues Affecting the Future of the Market; V. Lessons for Countries of Sub-Saharan Africa from South Africa's Experience; VI. Conclusion; References; Footnotes 330 $aThis paper examines the role of the derivatives market in South Africa and provides policy options for promoting the development of derivatives markets in sub-Saharan Africa. South Africa's derivatives market has grown rapidly in recent years, supporting capital inflows and helping market participants to price, unbundle and transfer risk. There are tight regulations on asset allocations by insurance and pension funds to prevent excessive risk taking. The development of derivatives markets in sub-Saharan African countries could enable market participants to self-insure against volatile capital 410 0$aIMF working paper ;$vWP/09/196. 606 $aDerivative securities$zSouth Africa 606 $aRisk management$zSouth Africa 608 $aElectronic books. 615 0$aDerivative securities 615 0$aRisk management 676 $a332.63 676 $a332.63228 700 $aAdelegan$b Olatundun Janet$0905656 712 02$aInternational Monetary Fund.$bMonetary and Capital Markets Dept. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463996203321 996 $aThe derivatives market in South Africa$92219592 997 $aUNINA