The financial institutions are regarded as the final customer of derivative product.

金融机构从事此类业务时被视为衍生产品的最终用户。

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Share option stimulation emerged as a long-term mode of stimulation. Many foreign companies grant this financial derivative product to its employees (mainly managers).

股票期权激励是作为长期激励方式之一而出现的，作为一种金融衍生产品，国外许多公司将其授予股份公司的员工(主要是管理人员)。

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The concept of a derivative product, with a value that depends on at least one risk factor, has been the greatest financial-product innovation of the 20th century.

ECONOMIST: Letters