Hedging risks using derivative financial instruments

In order to reduce financial risks, companies and credit institutions use hedging operations. The article is devoted to the study of the main features of hedging financial risks using derivativefinancial instruments. Based on statistical data, an idea is given about the specifics of derivatives in the Russian Federation. At the same time, it should be noted that operations with derivative financial instruments have not been particularly widespread in Russia. Thus, there are no terminological definitions in Russian legislation regarding activities related to derivatives, nor has a clear mechanism for monitoring work with these instruments been developed. For this reason, many legal entities do not risk engaging in this kind of activity, which is why there is a shortage of qualified and experienced specialists. All this provoked the lag of the Russian derivatives market, according to statistics, from the indicators of developed countries, which have a significant share in the global market conjuncture. However, it is the process of hedging risks with the help of derivative financial instruments that is extremely important for the proper development of the financial market of states participating in the global market of goods and services, and therefore most countries need to study the specifics of this process and develop a legislative framework that helps to help many enterprises that wish to minimize the riskiness of their activities.