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Derivatives
include futures and options and are an indispensable part and parcel of
developed financial markets. How derivatives work and how you can benefit
from them to protect your stock market investment is the thrust of this
book.
Highlights:
What
futures and options are -and the difference between the two
Futures
and options markets: how transactions take place
Characteristics
of futures and options contracts
How
futures and options are valued
The
book lays particular emphasis on stock index futures -the first risk-proofing
tool available to the Indian investor. The author explains both the underlying
concepts and procedures in a straightforward manner:
How
to use stock index futures
Features
of stock index futures
Valuation
of stock index futures
How
to make sense of stock index futures quotations
Relationship
between spot and futures prices
NSE
regulations governing stock index futures in India: trading,
clearing
mechanism, margins, etc.
The
intriguing thing about derivatives is that you can use them for two
completely
different purposes:
1.
To protect or "insure" the value of your stock market portfolio, or
2.
To trade or speculate bigger than ever if you have the stomach for it.
Assuming
no prior knowledge, both the beginners and market operators will find this
an easy-to-understand book to get started in futures and options.
"An
excellent introduction to derivatives for all market participants
and investors"
-Anand
Rathi, President, The Stock Exchange, Mumbai
Price :
$ 5.95 xNos
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