Development of Commercial Banks' Operations with Derivative Securities in the Stock and Financial Markets

With the advent of securities, or stock assets, a split in capital appears. On the one hand, there is real capital, represented by production assets, on the other hand, it is reflected in securities. Securities are monetary documents that certify the right of ownership or loan relationship, define the relationship between the person who issued them and their owner and, as a rule, provide for the payment of income in the form of dividends or interest, as well as the possibility of transferring monetary and other rights, that arise from these documents to other persons.