It was not until 1954, 25 years after the event, that JK Galbraith published his much celebrated tome on stock market crash of 1929.
Exotic financial instruments contributed to the financial crisis starting in 2007. Four years on, they are as potent as ever. You often hear about the ambiguous role played by derivatives in finance.
Traders in government debt will be able to trade yields on sovereign debt in a single product from this month following a new launch from the CME Group.