What impedes equity derivatives arbitrage?
Arbitrage is the foundation of market efficiency on the derivatives market, hence any impediments to fluent arbitrage are of concern to designers of markets and policy makers on both the spot and the derivatives markets. Dr. Shah will talk about his understanding of the scale of arbitrage opportunities found on the equity derivatives market, and the policy changes that would pave the way for an efficient equity derivatives market. Dr. Ajay Shah Panel comments and discussion R. Sundararaman Head Futures & Options Clearing & Settlement, NSE Srikant Iyengar Vice President, Head-Derivatives & E-Broking, Motilal Oswal Securities Consultant, Department of Economic Affairs, Ministry of Finance Report of the RBI Technical Committee on Foreign Currency – Rupee Options: Panel Discussion (06 December 2002) Session Chairperson Dr. Ajay Shah Consultant, Department of Economic Affairs, Ministry of Finance Introduction by the Chairperson Panel comments and discussion Sudhir Joshi Treasurer, HDFC Bank
