An Investigation Into Factors Influencing The Development Of Derivatives Markets In Kenya

ABSTRACT The trading with derivatives has developed over a long period of time though the greatest impact has been felt over the last three decades. Derivatives markets have changed overtime from trading with the simple contracts to very advanced and exotic instruments. Though Kenya has been lagging behind in the derivative markets development, a lot of ground work has been put in place for the trading with legislature in place and the CMA putting up a department to oversee the development. Lack of sufficient ways to access finance due to shallow markets and insure on fluctuations on various …