Legal status of derivatives in the Russian Federation

Tokarev Eduard Andreevich

The article considers the issue of defining the concept of "derivative financial instrument" both from the point of view of private law branches and from the position of public law, and also suggests the possibility of using varieties of this financial instrument not only to ensure the turnover of private capital, but also for the purpose of obtaining public income.

Keywords:Derivative financial instrument, derivative, underlying asset, contract, term transaction, exchange, public income, public expenses.