BA6037-DERIVATIVES MANAGEMENT |
INTRODUCTION
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Derivatives Definition Types Forward Contracts Futures Contracts Options Swaps
Differences between Cash and Future Markets Types of Traders OTC and Exchange Traded
Securities Types of Settlement Uses and Advantages of Derivatives Risks in Derivatives.
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FUTURES CONTRACT
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Specifications of Futures Contract Margin Requirements Marking to Market Hedging using
Futures Types of Futures Contracts Securities, Stock Index Futures, Currencies and
Commodities Delivery Options Relationship between Future Prices, Forward Prices and Spot
Prices.
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OPTIONS
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Definition Exchange Traded Options, OTC Options Specifications of Options Call and Put
Options American and European Options Intrinsic Value and Time Value of Options Option
Payoff, Options on Securities, Stock Indices, Currencies and Futures Options Pricing Models
Differences between Future and Option Contracts.
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SWAPS
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Definition of SWAP Interest Rate SWAP Currency SWAP Role of Financial Intermediary
Warehousing Valuation of Interest rate SWAPs and Currency SWAPs Bonds and FRNs Credit
Risk.
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DERIVATIVES IN INDIA
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Evolution of Derivatives Market in India Regulations Framework Exchange Trading in
Derivatives Commodity Futures Contract Terminology and Specifications for Stock Options and
Index Options in NSE Contract Terminology and Specifications for Stock Futures and Index
Futures in NSE Contract Terminology and Specifications for Interest Rate Derivatives. |
Text Books
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1. S.L.Gupta, Financial Derivatives Theory, Concepts and Problems, 5th Edition, PHI, 2008.
2. John.C.Hull, Options, Futures and other Derivative Securities, 7th Edition, Pearson, 2008.
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Reference Books
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1. Keith Redhead, Financial Derivatives An Introduction to Futures, Forwards, Options and
SWAPs, PHI Learning, 2008.
2. Don M Chance and Robert Brooks, Derivatives and Risk Management Basics, Cengage, 2nd
Edition, 2009.
3. Jayanth Rama Varma, Derivatives and Risk Management, Tata McGraw Hill, 1st Edition,
2008.
4. David Dubofsky, Option and Financial Futures Valuation and Uses, 2nd Edition, McGraw
Hill, International Edition. 1992.
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