Derivative A financial instrument, traded on or off an exchange, the price of which is directly dependent upon (i.e., «derived from») the value of one or more underlying securities, equity indices, debt instruments, commodities, other derivative instruments, or any agreed upon pricing index or arrangement (e.g., the movement over time of the Consumer Price Index or freight rates). (gffbrokers.com)
Currency ETPs that use futures, options, or other derivative instruments may involve still greater risk, and performance can deviate significantly from the performance of the referenced currency or exchange rate, particularly over longer holding periods. (fidelity.com)
Derivatives are financial instruments, the price of which is directly dependent upon the value of one or more underlying securities, equity indices, debt instruments, commodities, other derivative instruments, or any agreed upon pricing index or arrangement. (tsinetwork.ca)