New financial crisis associated with derivation has been reported to surface, as Mark Mobius, Executive Chairman of Templeton Asset Management's emerging markets group, stated that “The derivative problem that had plagued the last crisis in 2008 has not been solved and the financial world is still awash with derivative trading”.

Also, he stated that the total value of derivatives in the world exceeds the total global gross domestic product by a factor of 10, at the Club of Japan in Tokyo on Monday, replying the question on price swings.

However, it has just been 10–years since the collapse of the global financial system and economies in the West, which they are still recovering from, and it’s said to be shocking that there is another warning of financial crisis.

Reports have it that maybe the large amount of money made in the last steep fall has deepened the desire for more avenues to make cheep purchases.

Moreover, it has been estimated that the freezing of global credit markets has urged governments from Washington to Beijing to London to put in over US$3 trillion into the financial system to “shore up the global economy”.

Despite numerous efforts to create new rules and regulations for derivative trading, credit rating agencies and proprietary trading tends to have gone flat, along with the world focuses on other engaging events related to war, terrorism and nuclear disasters.