Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more ➡
Download
Standard view
Full view
of .
Add note
Save to My Library
Sync to mobile
Look up keyword
Like this
49Activity
×
0 of .
Results for:
No results containing your search query
P. 1
weather derivatives in india

weather derivatives in india

Ratings: (0)|Views: 3,339|Likes:
Published by prateek0512

More info:

Published by: prateek0512 on Feb 14, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, DOC, TXT or read online from Scribd
See More
See less

01/05/2013

pdf

text

original

 
Weather Derivatives
A Report submitted in partial fulfillment of the requirements of thecourse
Derivatives Management 
Under the Guidance of Dr. Alok Pandey
PGDM (International Business) 2007-09
Animesh Verma (07IB-007) |Prateek Sinha (07IB-038)| SudarshanBhutra (07IB-055)
 
CONTENTS
W
M
W
D
S
P
M
W
D
C
B
S
 
INTRODUCTION 
 The weather derivates market started in 1997 in the US as the firsttransaction in this regard was recorded there but now this weatherderivatives market has spread to all major markets. According to US energymarket, US$ 1 trillion of the US economy is affected by the weather risk. Bythe year 2000 about US$ 3.5 billion worth of weather derivates were tradedin the US. There are 4 major players in the weather derivates market :
MARKET MAKERS
BROKERS
INSURANCE AND REINSURANCE COMPANIES.
END USERS such as Gas and power marketers and utilities etc.Derivative is a contract or a security whose value or payoff derives from theprice of an underlying asset. Derivatives help an investor to control the risksof changes in the prices of the underlying asset. For eg. An exporter whoreceives his payments in foreign currency is exposed to currency risk ie therisk of home currency appreciating with respect to the foreign currency.When Rupee started appreciating against the US Dollar the textile exportersand IT companies faces heavy losses if they had not hedged their positions.

Activity (49)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Kritika Nema liked this
Kshitij Ghumaria liked this
Ranjith Kumar liked this
Aji Mahendra liked this
Divyam Shah liked this
Bhavdeep Pathak liked this
kokes46 liked this
Abey Francis liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->