Preface
Derivatives is no longer an unknown term. It has both positive and negative connotations like hedging, speculation and financial crisis. However, many people are not aware of the pros and cons of derivatives. Derivatives have grown rapidly and play a dominant role in global financial markets. They are embedded directly or indirectly inside almost every financial instrument and investment.
Nowadays financial contracts of derivatives are not only associated with speculation. Today in the global world markets, derivatives have become the need of the hour especially for people who wish to take their business to new heights while dealing in the international markets.
Understanding of derivatives is important not only for entrepreneurs who run ...
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