Question

When was innovation financial instrument was introduce in capital market?

Answer 1

$</p><p></p><p>\huge\bf\boxed{\boxed{\boxed{\blue{\mathfrak{HEYA\:}}}}}$

$\huge{\bold{\blue{solUTIon....}}}$$<b><font color="red">$

Financial innovation is the act of creating new financial instruments as well as new financial technologies, institutions, and markets. ... Product innovation relates to new products such as derivatives, securitized assets, and foreign currency mortgages.....

Answer 2

Financial innovation is the act of creating new financial instruments as well as new financial technologies, institutions, and markets.