The Positive Effects of Financial Innovation on the International Trade Volume
Date Issued
2021
Author(s)
Aliyev, Fuzuli
Abstract
Recent developments in technology and research have brought new innovations into the finance sector. Applying mathematics and computer science into finance has developed a multidisciplinary financial engineering
field, where new quantitative and complex financial products are supplied
to investors. In this chapter, we describe financial technologies as high-frequency trade; investment vehicles as mutual, exchange-traded, and hedge
funds in the finance sector with figures of past 10 years and their impact
in international trade volume. Financial derivatives are innovative products where investor may mitigate risk on their domestic and international
transactions. The author also discusses cryptocurrencies as an important
tool in innovation.
field, where new quantitative and complex financial products are supplied
to investors. In this chapter, we describe financial technologies as high-frequency trade; investment vehicles as mutual, exchange-traded, and hedge
funds in the finance sector with figures of past 10 years and their impact
in international trade volume. Financial derivatives are innovative products where investor may mitigate risk on their domestic and international
transactions. The author also discusses cryptocurrencies as an important
tool in innovation.