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Hedge funds don't devise exotic derivatives, but banks do, to trade "over the counter". I have seen exotic derivatives described as elaborate arketing scams.

Nothing is 'mere'. — Richard P. Feynman
by Migeru (migeru at eurotrib dot com) on Wed Jul 12th, 2006 at 05:54:22 PM EST
[ Parent ]
I tend to stick to the UTC markets ;-)

You can't be me, I'm taken
by Sven Triloqvist on Wed Jul 12th, 2006 at 05:59:13 PM EST
[ Parent ]

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