From the ISDA annals: employment derivatives

There was a time when this novel asset class promised to dispel forever the existential horror of labour. But then, marred by sharp selling practices, interest in these instruments fell away.

Employment derivatives

/ɪmˈplɔɪmənt dɪˈrɪvətɪvz/ (n.)

Financial instruments designed to manage the risk of employment variability. First developed in the early part of this millennium by derivatives pioneer and perennial boiler of pots, Hunter Barkley.

Genesis

When yet another junior customer services manager quit for a crypto startup, Hunter Barkley had an…