Abstract
<jats:p>The article is devoted to the study of the use of derivative financial instruments. At the current stage of the global economic development, derivative financial instruments have become very important due to their advantages. The purpose of the study is to assess the role of derivative financial instruments in the securities market, to study their types and characteristics, and the importance of derivative financial instruments in the financial management system of an organization. The objectives of the study are to study the essence and economic content of derivative financial instruments, to present the main functions of derivative financial instruments and their characteristics, as well as to discuss the main types of derivative financial instruments and their differences.</jats:p>