*Associate Professor, Central University of Haryana
**Former Professor and Head, Dept. of Commerce and Management, HNB Garhwal University
***Associate Professor, Jaipuria Institute of Management, Noida
Online published on 24 July, 2012.
During the last three decades there have been enormous growth in derivative trading all over the world. New products with finer specifications are being developed. Today derivative instruments are available in almost every area such as forex, commodities, interest rate, stock market, bank credit or even weather. In India the growth of derivative segment in organized exchanges has taken place in last decade only. Today, derivatives are not only used by large companies having skilled financial engineers rather these products are being used even by small common investors. India is among few countries where growth of individual stock market derivative trading has been phenomenal. Since inception of derivative segment in India some clear patterns of different derivative products can be observed. World over different surveys have been conducted such as IOMA/WFE, DRIS (HKEx) etc. These surveys have also shown different patterns in derivative trading. This paper attempts to study the patterns in trading volume of different derivative products and investors preferences in Indian stock market.
Futures, Options, Put Option, Call option, Stock and Index Derivatives
