The document provides an overview of derivatives, including the factors driving their growth, types of derivatives, underlying asset classes, economic functions, benefits, and criticism. It also discusses derivatives markets in India, focusing on equity derivatives. Key information discussed includes futures/forwards, options, swaps, underlying assets like currencies and commodities, how derivatives allow for speculation, hedging, and leverage, as well as potential risks like losses and counter-party risk.

1. Presented By Fenil Shah 18 th June, 2011