One of the reasons for this higher participation by Australian retail investors in these markets is that the regulatory regime in Australia does not restrict retail access to any financial products as long as the provider meets certain disclosure requirements. This approach has been beneficial in terms of providing investors with a greater range of wealth-generating opportunities, but it does raise some important challenges.
Should  5  BIS Review 32/1999  they succeed I am quite confident that market participants will continue to increase their reliance on derivatives to unbundle risks and thereby enhance the process of wealth creation. BIS Review 32/1999  6