1. Foreign Exchange• Purchase and sale of national currencies• Huge market– $4 trillion per day (April 2007), much growth recently• Compared with US Treasury market…

Derivatives: Principles & Practice ©Rangarajan K. Sundaram Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin 2Derivatives: Principles…

Slide 1 FUTURES & FORWARDS Slide 2 Introduction The futures market enables various entities to lessen price risk, the risk of loss because of uncertainty over the future…

Flow of Presentation GAAP in Accountancy C to s of Capital Markets Discussion on Demateralisation Matters of Mutual Funds Suspense behind Derivatives Round and round the…

Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin * Chapter 1. Introduction Rangarajan K. Sundaram Stern School of Business New…