Derivatives, such as futures or options, are financial contracts which derive their value from a spot price, which is called the “underlying”. Derivative products like index futures, stock futures, index options and stock options have become important instruments of price discovery,...

All in Smoke Ltd (AIS Ltd), 100% export oriented unit (EOU) and in the manufacturing business of tobacco and cigarette, is a wholly-owned subsidiary of its listed parent firm. The parent firm, a sizable player in the same industry with a number of well-known brands in its portfolio, has recently...

Subprime crisis has ended history of many banks in the USA. As of now 22 banks have been closed because of Subprime crisis. It started with the Lehman Brothers, a 138 year old company filed bankrupt followed by Washington Mutual Funds. Like this 20 other small and medium size banks collapsed....

The recent financial crisis has highlighted the need for an integrated risk management system addressing all the strategic issues. Perhaps the biggest challenge lays in overcoming the human tendency of greed which resists us from abiding by the boundaries drawn by risk management models. With...

Some studies show that the performance of option strategies with stock portfolios could depend on other factors or on market conditions. Benninga and Blume (1985) analyzed the optimality of portfolio insurance in complete and incomplete markets, and found that buying put option may be optimal...

Today mutual funds represent the most appropriate opportunity for most small investors. As financial markets become more sophisticated and complex, investors need a financial intermediary who provides the required knowledge and professional expertise on successful investing. It is no wonder then...

Many countries in the world can be recognized as brand like: Germany for Automobiles, Japan for Technologies, South Africa for Racialism and US for global political dominance and so on. Now what to associate India with, is it a democratic alternative to China or a Fast growing free market...