*
**
In the International financial markets, whatever innovations have been occurred till date, Derivatives occupy the front seat. These specialized instruments facilitate the shuffling and redistribution of the risks that an investor faces. Thus aids in the process of diversifying ones portfolio. The volatility in the equity markets over the past years has resulted in greater use of equity derivatives. The volume of the exchange traded equity futures and options in most of the mature markets have seen a significant growth. This continuous growth and development by the emerging market participants has resulted in capital inflows as well as helped the investors in risk protection through hedging. Therefore it is an utmost important to know from the investor's perspective that what are the trading activities and marketing strategies of Derivatives. Are they really capable enough to exploit the investor's expectations? This paper focuses’ on the same issue as it evaluates the drawbacks of studies conducted on Derivates till date and addition to it, provides an overview on "Trading in Derivatives".
