Derivatives, Money & Debt Market

Paper Code: 
BIE-332
Credits: 
10
Contact Hours: 
150.00
Max. Marks: 
100.00
18.00
Unit I: 
Derivatives Market

Introduction, Derivative market in India, Products, Participants,
and Functions
Forward and Futures, Futures Trading Strategies
Options, Options Trading Strategies
Derivative Trading In India.

18.00
Unit II: 
Money Market

Introduction, Basic Characteristics of Money Market Securities Treasury Bills, Types of T- Bills, Commercial papers, Commercial Bills, Certificates of Deposits, Call / Notice Money Market,
Money Market Intermediaries, Money Market Mutual Funds,
Link between money market and monetary policy in India, Tools for Managing Liquidity in the money market
Money market derivatives

18.00
Unit III: 
Debt Market

Introduction, Basic characteristics of Debt Securities, Classification
Private corporate Debt Market,
Public sector undertaking bonds market
Government securities market

18.00
Unit IV: 
Credit Rating

Introduction, The growth of Credit rating in India,
Credit rating agencies in India

18.00
Unit V: 
Financial Regulation

Securities and Exchange Board of India
Reserve Bank of India

Essential Readings: 

• Williams, Michacls, Fundamentals of Option Markets, Mc Graw Hill, New Delhi
• Hull, John, Introduction to Futures, Option market, Prentice Hall of India, New Delhi
• Redhead, Keith, Financial Derivatives- An Introduction to futures, forwards,option and swaps, Prentice Hall of India, New Delhi
• Bhole L.M., Financial Institutions and Markets, Tata Mc Graw Hill, New Delhi
• Pathak, Bharati V., Indian Financial System, Pearson Education, New Delhi