| Unit 1 Introduction to Commodities Market and Derivatives Market | |
| a) Introduction to Commodities Market: | |
| Meaning, History & Origin | VIEW |
| Types of Commodities Traded | VIEW |
| Structure of Commodities Market in India | VIEW |
| Participants in Commodities Market | VIEW |
| Trading in Commodities in India (Cash & Derivative Segment) | VIEW |
| Commodity Exchanges in India & Abroad | VIEW |
| Reasons for Investing in Commodities | VIEW |
| b) Introduction to Derivatives Market: | |
| Derivatives Market: Meaning, History & Origin | VIEW |
| Elements of a Derivative Contract | VIEW |
| Factors Driving Growth of Derivatives Market | VIEW |
| Types of Derivatives | VIEW |
| Types of Underlying Assets | VIEW |
| Participants in Derivatives Market | VIEW |
| Advantages & Disadvantages of Trading in Derivatives Market | VIEW |
| Current Volumes of Derivative Trade in India | VIEW |
| Difference between Forwards & Futures | VIEW |
| Unit 2 Futures and Hedging | |
| a) Futures: | |
| Futures Contract Specification, Terminologies | VIEW |
| Concept of Convergence | VIEW |
| Relationship between Futures Price & Expected Spot Price | VIEW |
| Basis & Basis Risk | VIEW |
| Pricing of Futures Contract, Cost of Carry Model | VIEW |
| b) Hedging: | VIEW |
| Speculation & Arbitrage using Futures | VIEW |
| Long Hedge & Short Hedge | VIEW |
| Cash & Carry Arbitrage | VIEW |
| Reverse Cash & Carry Arbitrage | VIEW |
| Payoff Charts & Diagrams for Futures Contract | VIEW |
| Perfect & Imperfect Hedge | VIEW |
| Unit 3 Options and Option Pricing Model | |
| a) Options: | |
| Options Contract Specifications, Terminologies | VIEW |
| Call Option, Put Option | VIEW |
| Difference between Futures & Options | VIEW |
| Trading of Options | VIEW |
| Valuation of Options Contract | VIEW |
| Factors affecting Option Premium | VIEW |
| Payoff Charts & Diagrams for Options Contract | VIEW |
| Basic Understanding of Option Strategies | VIEW |
| b) Options Pricing Models: | |
| Binomial Option Pricing Model | VIEW |
| Black – Scholes Option Pricing Model | VIEW |
| Unit 4 Trading, Clearing & Settlement in Derivatives Market and Types of Risk | |
| a) Trading, Clearing & Settlement in Derivatives Market: | |
| Meaning and Concept Trading, Clearing & Settlement in Derivatives Market | VIEW |
| SEBI Guidelines in Derivatives Market | VIEW |
| Trading Mechanism | VIEW |
| Clearing Mechanism | VIEW |
| Types of Orders in Derivatives Market | VIEW |
| NSCCL its Objectives & Functions | VIEW |
| Types of Settlement in Derivatives Market | VIEW |
| b) Types of Risk: | |
| Value at Risk, Methods of calculating VaR | VIEW |
| Risk Management Measures | VIEW |
| Types of Margins, SPAN Margin | VIEW |