Research Project Report On A COMPARATIVE STUDY OF FUTURE & OPTIONS ON BSE AND NSE SINCE INCEPTION
Submitted in Partial fulfillment of MBA 2008-2010 Under the guidance of Dr. Dinesh Kr. Sharma
Submitted to: Dr. Dinesh Sharma
Submitted by: Arun Sharma Arun Kumar Aslam Ahmed Ujjwal kansal
Greater Noida Gautam Budh Nagar- 201308
Gautam
Buddha
University
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List of Symbols and Abbreviations
F&O NSE BSE SCRA SEBI CBOT S&P CME NYSE NCFM WDM CM SPAN
Future & Options National Stock Exchange Bombay Stock Exchange Securities Contract Regulation Act Securities and Exchange Board of India Chicago Board of Trade Standard and Poor’s Chicago Mercantile Exchange New York Stock Exchange NSE’s Certifications in Financial Market Wholesale Debt Market Capital Market Standard Portfolio Analysis of Risk
Gautam
Buddha
University
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Acknowledgement
We take immense pleasure in thanking Dr. Dinesh Kr. Sharma, for having permitted us to carry out this project work. We wish to express our deep sense of gratitude to our Internal Guides,
Dr. Dinesh Kr. Sharma and Dr. Shweta Anand for their able guidance and useful suggestions, which helped us in completing the project, in time. Words are inadequate in offering our thanks to the faculty staff for their encouragement and cooperation in carrying out the project work. Finally, yet importantly, I would like to express our heartfelt thanks to our friends/classmates for their help and wishes for the successful completion of this project.
Gautam
Buddha
University
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Table of Content
1. Abstract………………………………………………………………………5 2. Introduction…………………………………………………………………..6
2.1 Concept of Derivatives…………………………………………………………….....6 2.2 Definition of Financial Derivatives………………………………………….……….6 2.3 Participants in Derivatives Market…………………………………………………...6 2.4 Application of financial Derivatives…………………………………………………7 2.5...