Cuadernos de Economía

ISSN : 0210-0266

Volumen de negociación en los mercados de derivados (2000- 2014). Comparativa entre el ámbito español y el ámbito internacional

  • Marcos Vizcaíno-González,Cristina Formoso Soto,Natalia Martínez Serra ,


The aim of this article is to analyze derivatives markets along the 2000-2014 period, comparing the Spanish and the international frameworks. Our results show that both have followed a similar evolution when it comes to the market volume. However, when analyzing preferences between futures and options, we show that options predominate in the international framework, while futures are preferred in the Spanish framework, although volatility around this choice is higher in the latter case.