Abstract
This article presents an overview of derivative markets, definitions of derivative investment instruments, development of global derivative markets and the applicability of derivative markets in Turkey, given their economic value added to the Turkish economy. Readers will acquire insight into investing in various investment instruments and hedging against risk. Turkish derivative markets will be described, supportive statistical data will be presented, and readers will be introduced to the development and current status of these derivative markets in the Turkish emerging market. Finally, the contribution of derivative instruments and derivative markets to the Turkish economy will be discussed.