Commodity Derivative Markets : Opportunities and Challenges
Contents: Preface. Welcome address/S. R. Hashim. Address on the seminar theme/Madhoo Pavaskar. Inaugural address/Abhijit sen. Keynote address/Rajiv Aggarwal. Keynote address/Venkat Chary. Do futures markets discover prices?/Kamal Nayan Kabra. Background note. Select Papers. 1. Speculation in global wheat futures: a villain of the piece?/Madhoo Pavaskar and Archana Kshirsagar. 2. Trading in India’s commodity futures markets/Sunanda Sen and Mahua Paul. 3. Smoke and mirror of commodity futures trading in India/T.P. Bhat and Mahua Paul. 4. Regulation and development of commodity derivative market: revisiting the proposed bill from the perspective of legislative drafting and regulatory jurisprudence/Naresh V. Deshpande. 5. Is convergence between commodity derivative and securities markets and their regulators desirable?/Madhoo Pavaskar and Bhuvan Sethi. 6. Strengthening and expanding the scope of commodity derivative trading in India/Naveen Mathur. 7. Reforms in agriculture marketing to improve marketing efficiency and enhancement in farmer price realization/Anjani Sinha. 8. Inter-temporal transfer of news and a possible asymmetry: futures trading in agro-commodities/Sangeeta Chakrabarti and Nilabja Ghosh. 9. Econometric analysis of efficiency of agro-commodity futures market and price discovery/A.K. Vashisht. 10. Do we need agro-futures?/G. Chandrashekhar. 11. Role of market microstructure in climate futures trading/Anandajit Goswami and Nitya Nanda. 12. Role of financial institutions in commodity derivatives/Madhoo Pavaskar and Sarika Rachuri. 13. Exchange rates, energy and expensive metal futures during the global economic crisis/Shivakumar, K.M. and P. Paramasivam. 14. Role of commodity derivatives in global meltdown/Sugandha Sachdeva and Parul Kumar.
This book is a collection of select papers presented at the seminar on Commodity Derivative Markets: Opportunities and Challenges, organized by Takshashila Academia of Economic Research in association with the Institute for Studies in Industrial Development (ISID). The papers in this book focus on three key themes -- strengthening and expanding the scope of commodity derivative trading; impact of futures trading on commodity prices; and role of commodity derivative markets in the global meltdown.
The contributors are leading scholars in their respective fields. They address important issues relating to commodity derivative markets, and the book will serve as a reference tool for market players and market regulators alike, and will also assist the latter in decision making.
This book is a collection of select papers presented at the seminar on Commodity Derivative Markets: Opportunities and Challenges, organized by Takshashila Academia of Economic Research in association with the Institute for Studies in Industrial Development (ISID). The papers in this book focus on three key themes -- strengthening and expanding the scope of commodity derivative trading; impact of futures trading on commodity prices; and role of commodity derivative markets in the global meltdown.
The contributors are leading scholars in their respective fields. They address important issues relating to commodity derivative markets, and the book will serve as a reference tool for market players and market regulators alike, and will also assist the latter in decision making.