15min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 402: Ajay Shah Brings the Dreams of the 20th Century

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Navigating Derivatives: Risk and Transformation in India

This chapter examines the critical aspects of risk management in derivatives trading and the pivotal function of clearing corporations in safeguarding financial stability. It provides a historical context of India's financial evolution in the 1990s, focusing on the emergence of the National Stock Exchange and the innovative PRISM system. Additionally, the discussion explores the implications of derivatives trading on wealth distribution and decision-making within financial markets, questioning traditional views on wealth creation.

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