[Autom. eng. transl.] The chapter describes the main types of financial instruments distributed in the Italian market: debt securities, equities, derivative instruments as well as those through which the asset management activity is carried out. The analysis of debt securities will focus first on the morphological elements of a general nature and will therefore continue with the description of the main types of loans distinguishing between government securities and bonds identified in their different categories. The examination of the shares takes place through the description of the technical characteristics of the ordinary shares to continue with the examination of the peculiar characteristics of the issues of other categories of shares. With regard to derivative instruments, we will focus on the two main types traded on regulated markets (futures and options) and on the swap contract which represents the main contract negotiated on non-regulated markets (over the counter). The chapter concludes with an analysis of the instruments used by the intermediaries authorized to do so, the asset management activity that takes place using various instruments such as the shares of mutual investment funds, SICAV shares and the real estate fund shares, and pension funds.
|Translated title of the contribution||[Autom. eng. transl.] Financial instruments and other investment activities|
|Title of host publication||Economia degli intermediari finanziari|
|Editors||Biasin M., Borroni M., Oriani M. Banfi A.|
|Number of pages||64|
|Publication status||Published - 2017|
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