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RBA Glossary definition for derivative

derivative – A financial contract whose value is based on, or derived from, another financial instrument (such as a bond or share) or a market index (such as the Share Price Index). Examples of derivatives include futures, forwards, swaps and options.

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Introduction

31 Dec 2013 RDP 2013-12
Nathanael Cox, Nicholas Garvin and Gerard Kelly
With central clearing of OTC derivatives in its infancy, the eventual market outcome is uncertain. ... Footnotes. In 2009, the G20 members committed to ensuring that all standardised OTC derivatives contracts were cleared through a CCP.
https://www.rba.gov.au/publications/rdp/2013/2013-12/introduction.html

References

31 Dec 2013 RDP 2013-12
Nathanael Cox, Nicholas Garvin and Gerard Kelly
Bulletin. , June, pp 59–68. Heller D and N Vause (2012), ‘Collateral Requirements for Mandatory Clearing of Over-The-Counter Derivatives’, BIS Working Paper No 373. ... Journal of Applied Corporate Finance. , 24(1), pp 67–73. Singh M (2013),
https://www.rba.gov.au/publications/rdp/2013/2013-12/references.html

Results

31 Dec 2013 RDP 2013-12
Nathanael Cox, Nicholas Garvin and Gerard Kelly
Taking σ. 2. = mσ. 1. , the partial derivative of R with respect to σ. ... 2. , unless ρ = 1, in which case the partial derivative of R with respect to m is zero.
https://www.rba.gov.au/publications/rdp/2013/2013-12/results.html

CCP Links and Exposure

31 Dec 2013 RDP 2013-12
Nathanael Cox, Nicholas Garvin and Gerard Kelly
To reduce exposure to this ‘replacement cost’ risk, trading counterparties in many securities and derivative markets clear their trades through a CCP, which intermediates between all participants in a given market ... They find that central clearing
https://www.rba.gov.au/publications/rdp/2013/2013-12/ccp-links-cs-exposures.html