DERIVATIVES MARKET: SPECULATORS VS HEDGER

The article describes the basic functions of the derivatives market and trend of prevalence of speculative function over others. This trend is confirmed by the situation in global financial markets and it is a problem for the further development of the national market, because it can lead to a new financial crisis, both in the Russian and global financial markets. The article also examines the way to solve this problem - it is to increase the regulation of the derivatives market.