What types of derivatives exist?

There are various types of derivatives that exist, some of which are:

1. Futures: A futures contract is an agreement between two parties to buy or sell an underlying asset at a predetermined price and date in the future.

2. Options: An options contract gives the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price and date in the future.

3. Swaps: A swap contract is an agreement between two parties to exchange cash flows based on a predetermined set of rules.

4. Forwards: A forward contract is an agreement between two parties to buy or sell an underlying asset at a predetermined price and date in the future.

5. Credit derivatives: A credit derivative is a financial instrument that allows investors to transfer or mitigate the risk of default on a loan or bond.

6. Commodity derivatives: Commodity derivatives are financial instruments that derive their value from commodities such as gold, oil, and agricultural products.

7. Equity derivatives: Equity derivatives are financial instruments that derive their value from stocks or equity indices.

8. Interest rate derivatives: Interest rate derivatives are financial instruments that derive their value from interest rates, such as bonds and loans.

These are just a few examples of the various types of derivatives that exist in the financial market.