论文标题
印度衍生品市场的发展和挑战
Indian Derivatives Market Evolution and Challenge
论文作者
论文摘要
该研究的目的是建立框架，以比较印度BSE和NSE衍生品的性能关系，并分析衍生品与现金市场和市场波动的关系。该研究考虑了交换股票衍生品。发现NSE中的衍生产品的性能比BSE中的效果要高得多，并且与BSE相比，NSE与全球交易所相提并论，就股票指数期权和期货的合同数量以及库存期货而言。因此，衍生品市场需要通过更强大的法规和强大的框架来保护投资者利益的所有衍生工具中的合同数量和营业额进一步加强。这项研究使衍生工业能够以更有效的方式朝着其目标迈进。
The study is conducted to establish the framework for comparing the relation in performance of the derivatives of BSE and NSE in India and to analyse the relationship of derivatives with the cash market and the market volatility. The exchange-traded equity derivatives were considered for the study. It was found that the performance of derivatives in NSE is a lot higher than in BSE and the NSE is on par with the global exchanges compared to BSE in terms of the number of contracts traded for Stock Index Options and Futures and also Stock Futures. Hence derivatives market needs to strengthen further with the number of contracts traded and turnover in all the derivative instruments with more strong regulations and a robust framework protecting the interest of the investors. This study enables Derivative Industry to progress towards its goals and objectives in a more efficient way.
