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100			_aNaresh, G _921462
245			_aPrice gouging of futures on commodity indices in India _bG Naresh, S Thiyagarajan and S Mahalakshmi
260			_aHydrabad _bIUP Publication _cJune 2015
300			_a7-18 p. _bPaper
500			_aMarket participants in derivatives market will continue to make wild speculation because their only goal is to make profit, and the more artificial demand they create, the more commodity prices will rise artificially away from the levels justified by the market fundamentals. Hence, the price in the futures market is not based on actual supply and demand figures. The government suspends futures trading in commodities as soon as it suspects that such trading may affect adversely the prices of those commodities to the detriment of one or the other class of society. However, the government regularly fails to find a solution to the price gouging in commodities. But one must look at what actions can be taken in the short run in order to stabilize the economy in the long run. The chequered futures trading in commodities only leads to suspicion among the practitioners, market participants, policy makers, economists and academicians too. Thus, it is necessary to revisit whether the algorithmic trading in futures contracts is seriously affecting the underlying spot contracts whereby the futures prices cause the underlying spot prices in Indian commodities market, by using Panel Cointegration and Error Correction Models.
650			_aRisk Management _xRisk-Return _921517
700			_aThiyagarajan, S _921549
700			_4S Mahalakshmi
773	0		_030419 _953627 _aMURTHY, E N _dIUP PUBLICATION HYDEARABAD _o5554016 _tFINANCIAL RISK MANAGEMENT
942			_2ddc _cJA-ARTICLE