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Finance and Credit
 

Russian stock market: The practice of using credit derivatives

Vol. 27, Iss. 6, JUNE 2021

PDF  Article PDF Version

Received: 4 February 2021

Received in revised form: 29 March 2021

Accepted: 12 April 2021

Available online: 29 June 2021

Subject Heading: Securities market

JEL Classification: G11, G15, G23

Pages: 1416–1440

https://doi.org/10.24891/fc.27.6.1416

Natal'ya I. KRAVTSOVA Saint-Petersburg State Economic University (SPbSEU), St. Petersburg, Russian Federation
kravcova.n@unecon.ru

ORCID id: not available

Anna D. NIKONOROVA Saint-Petersburg State Economic University (SPbSEU), St. Petersburg, Russian Federation
ad.nikonorova@live.unecon.ru

ORCID id: not available

Subject. This article explores the practice of using credit derivatives in the Russian stock market.
Objectives. The article aims to identify the problems and advantages of the Russian credit derivatives market, and propose certain improvements concerning this derivatives market segment.
Methods. For the study, we used analysis, comparison, and statistical methods.
Results. The article describes the problems and advantages of using credit derivatives in the Russian stock market and proposes certain activities to improve this segment of the market.
Conclusions. The results obtained can be used by students and university staff to study over-the-counter derivatives. The proposed measures to improve the credit derivatives market can also be applied for practical purposes to improve the legislative framework and develop the market infrastructure.

Keywords: credit-linked derivatives, equities market, credit default swap

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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