THE Zimbabwe Stock Exchange (ZSE) says it is weighing the local market’s readiness for the listing of trade derivatives. A derivative is a financial security with a value that is reliant upon or derived from an underlying asset or group of assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its price is determined by fluctuations in the underlying asset. Common examples of derivatives are futures and options. Up to this point, derivatives have only been available locally through over-the-counter arrangements. A trade derivatives listing would be the first of its kind for the southern African country. “The Zimbabwe Stock Exchange is carrying out a survey on Specialist Securities (Derivatives).…