Professor, Faculty of Management Studies, Dr.

Gour Central University, Sagar M. Ritesh Omre Student, Department of Business Management, BTIRT, Affiliated with Dr. Deepak Chand Student, Department of Business Management, BTIRT, Affiliated with Dr. The past decade has witnessed the multiple growth in the volume of international trade and business due to the wave of globalization and liberalization all over the world.

An Analysis of Indian Financial Derivatives Market and its Position in Global Financial Derivatives Market | Bhagwat | Journal Of Business Management & Social Sciences Research

As a result, the demand for the international money and financial instruments increased significantly at the global level. In this respect, change in exchange rates, interest rates and stock prices of different financial markets have increased the financial risk to the corporate world.

Adverse changes have even threatened the very survival of business world. The basic purpose of these instruments is to provide commitments to prices for future dates for giving protection against adverse movements in future prices, in order to reduce the extent of financial risks. Today, the financial derivatives have become increasingly popular and most commonly used in the world of finance.

This has grown with so phenomenal speed all over the world that now it is called as the derivatives revolution. In India, the emergence and growth of derivatives market is relatively a recent phenomenon. Since its inception in June , derivatives market has exhibited exponential growth both in terms of volume and number of contract traded.

The market turnover has grown from Rs. Within a short span of twelve years, derivatives trading in India has surpassed cash segment in terms of turnover and number of traded contracts. The passed study encompasses in its scope, history, concept, definition, types, features, regulation, market, trend, growth, Future prospects and challenges of derivatives in India and status of Indian derivatives market vis-vis global derivative market.

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Role of Derivatives in India's Financial Development - IGC

Trading statistics of derivatives segment at BSE, available at: Trading statistics of derivatives segment at NSE, available at: Indian securities market, A review ISMR , available at: Statistics time series at wfe, available at: Kumar, "Development of financial derivatives market in India-a case study", www.

Hayes , "Financial derivatives" available at: BLUE OCEAN RESEARCH JOURNALS. User Username Password Remember me.

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Home About Login Register Categories Search Current Archives Editorial Board Online Submission. An Analysis of Indian Financial Derivatives Market and its Position in Global Financial Derivatives Market. Abstract The past decade has witnessed the multiple growth in the volume of international trade and business due to the wave of globalization and liberalization all over the world.

Keywords Derivatives, Forward, Futures, Options, Swaps, Risk management, Exchange rate, National stock exchange, Bombay stock exchange, Notional value underlying asset. Tripathy, "Financial Services", 3rd Pr.

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