The Derivative Exchanges Trading Hours (DTH) service provides timely and accurate information on trading hours, non-trading days and settlement details.
A Derivative is a Financial Instrument and is a contract between two parties, the value of derivatives determined by fluctuations in the underlying asset.
In Derivatives, the analyst covers both futures contracts and options contracts. A futures contract is a standardized agreement between two parties committing one to buy and the other to sell a particular asset of a specific quantity and at a predetermined price, at a specified date in the future. An options contract is a standardized agreement that gives the buyer the right but not the obligation to buy or sell a specific underlying asset or future of a specified quantity at or by a specific date in the future.
- Types of futures contracts
- Commodity Derivatives
- Equity Derivatives
- FX Derivatives
- Interest Rate Derivatives
Commodity derivatives: Commodity Derivatives are products where commodities are contracted to buy or sell at an agreed price for delivery at a specified date. Commodities include energy products, agricultural products, soft commodities, and metals.
Equity Derivatives: Equity Derivatives are Products whose value is at least partly derived from one or more underlying equity asset class. Equity derivatives also include futures and options based on index products or dividends. Futures and Options are the most traded equity derivatives. Foreign Exchange Derivatives: A Foreign Exchange Derivatives or currency futures contract is an agreement between two parties to deliver a set amount of currency at a fixed future date, called the expiry. In some cases, the contract is settled by cash payment based on an index price or other known commodity pricing mechanism.
Interest Rate Derivatives: Interest rate derivatives are futures and options whose underlying is an asset related to interest rates including short term interest rate index contracts, fixed income contracts, and interest rate swap contracts.