Commodity futures as a risk reduction and investment instrument
Summary :
Table of Contents
- Introduction
- Definition of Indian financial system
- Types of Indian financial system
- Organized sector
- Unorganized sector
- Securities and exchange board of India (SEBI)
- SEBI guidelines for commodity futures trading
- Regulatory framework in India
- Types of futures contracts
- History of trading
- Growth of commodity futures in India
- Role of exchange in futures trading
- Functions of futures markets
- Price discovery
- Speculation
- Hedging
- Reseach design
- Objective of the study
- Scope of the study
- Methodology of the research
- Findings and interpretations
- Bibliography
- Conclusion
Abstract
The Indian financial system consists of many institutions, instruments and markets. Financial instruments range from the common coins, currency notes and cheques, to the more exotic futures swaps of high finance. The regulatory institutions are the ones, which form the regulations, and control the Indian financial system. The Reserve Bank of India is the regulatory body, which regulates, guides controls and promotes the IFS. Financial intermediaries are the intermediaries who intermediate between the saver and investors. They lend money as well as mobilizing savings; their liabilities are towards ultimate savers, while their assets are from the investors or borrowers. Some Non-Banking institutions also act as intermediaries, and when they do so they are known as Non-Banking Financial Intermediaries. UTI, LIC, GIC & NABARD are some of the NBFC's in India. Non-intermediaries institutions do give loans but their resources are not directly obtained from the saver.
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