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09BAF09 BONDS, DERIVATIVES AND COMMODITY
MARKET
4 0 0 4
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UNIT
I |
BONDS
ATTRIBUTES, BOND MANAGEMENT STRATEGIES, BOND
PORTFOLIO
MANAGEMENT |
12 |
|
Bond returns and prices - Risk Structure of bonds - Forecasting
interest rate bonds - The term structure of interest rates.
Passive - Semi Active - Active - Passive and Active strategies - New Innovations in bonds.
Bond Market Efficiency - Bond
Pricing theories, Duration - Bonds Vs Stocks. |
|
UNIT
II |
INTRODUCTION
TO DERIVATIVES, INTRODUCTION TO FUTURES AND
OPTIONS |
12
|
|
Definition - Types - Market
Index - Types of Index
Forward contract, Limitations -
Features, Futures Vs Forward contract. - Introduction to options -
Distinction between futures and options - Pay off for Derivative contracts. |
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UNIT
III |
FUTURES
AND OPTIONS TRADING SYSTEM, CLEARING AND SETTLEMENT |
12
|
|
Basis of trading - Eligibility
of stock for futures and options trading
Clearing entities - Members -
Banks - Mechanism - Settlement Mechanism -Regulatory Framework. |
|
UNIT
IV |
INTRODUCTION
TO COMMODITY TRADING |
12 |
|
Commodity Derivates - Commodity
exchanges in India - Types of instrument available for trading - Pricing - Commodity
derivatives, hedging, speculation, arbitrage in commodity derivative markets. |
|
UNIT
V |
CLEARING |
12 |
|
Settlement
and risk management in commodity trading - Calendar and settlement schedule -
Position determination - Settlement mechanism - Settlement price, margining -Final settlement - Exception
handling - Regulatory framework.
TOTAL: 60
Proportions: 100% Theory |
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TEXT BOOKS: |
|
Sl.No. |
Author(s) |
Title of the
Book |
Publisher |
Year of
Publication |
|
1. |
John Hall |
Introduction to future and
options market |
Prentice Hall of India |
2006 |
|
2. |
Sunil M and Parameswaran K |
Future markets |
Tata McGraw hill |
2006 |
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REFERENCE BOOKS: |
|
Sl.No. |
Author(s) |
Title of the
Book |
Publisher |
Year of
Publication |
|
1. |
Avadhani V A |
Security Analysis And Portfolio
Management |
Himalaya publishing
Housing Co. Ltd. |
2005 |
|
2. |
Prasanna Chandra |
Investment Analysis And
Portfolio Management |
Tata Mc Graw Hill
|
2005 |
|
3 |
Bhalla V K |
Investment Management |
S Chand and Sons |
2007 |
|
4 |
Preethi Singh |
Investment Management |
Sultan Chand and Sons |
2006 |
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WEB URLs:
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