FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

Financial and Commodity Derivatives

UNIT-I
Concept and type of derivatives; Participants - hedgers, speculators, arbitragers and scalpers; uses of derivatives;
types of orders; derivative markets in India- current trends and future prospects.
UNIT-II
Fundamentals of futures and forwards - concept of futures; trading mechanics; basics of stock index future; interest
rate futures; currency futures (basics); use of futures for hedging;; difference between forward and future contracts;
clearing process.
UNIT-III
Types of options, trading strategies involving options; option pricing - black scholes option pricing model;
Fundamental of swaps - introduction to swaps; interest rate swaps; currency swaps; mechanics of swap interest
rate swap and currency swaps; swap pricing
UNIT-IV
Introduction to Commodity Derivatives: Cereals, metals and energy products; History and Contemporary issues
of Indian derivative markets; Future of Commodity Derivatives in India