The Reserve Bank of India has released its final report on currency futures announcing support for the introduction of forex futures in the domestic market. Forex futures will therefore soon be traded using US Dollar or Rupee as the underlying currency. As the Indian economy continues to grow, corporates and institutional investors are increasing their demand for effective tools to hedge their FX and rates exposure; the esoteric world of derivatives has come into sharp focus on account of their complexity; and recent litigations have triggered a debate on the appropriateness of using derivatives instruments. How is the Indian market facing in the midst of this activities?
Following the success of our Inaugural India Derivatives Summit, Euromoney Seminars will once again bring together the key regulators, corporates and financial institutions to discuss the pressing issues facing this market.
Key issues for discussion include:
- Developing the onshore exchange-traded derivatives
- Launching the first INR currency futures
- Will the FX and rates markets continue to be volatile?
- How Asian domestic demand helps stave off a protracted US downturn
- How to increase efficiency in corporate risk management
- End users’ view on using complex derivatives instruments
- What is the fudge over ISDA?
Feathering following leading speakers:
Dr. K.P Krishnan, Joint Secretary, Department of Economic Affairs, Ministry of Finance Government of India
Dr. T.C. Nair, Whole Time Member, SEBI
Dr. P.B. Patil, Director, Ministry of Consumer Affairs, Forward markets Commission
R Narain, Managing Director, National Stock Exchange (NSE)
Joseph Massey, Managing Director and CEO, Multi Commodity Exchange of India (MCX)
Thio Tse Chong, Managing Director & Head International Sales, Corporate and Institutions Global Financial Markets, DBS
Dr. Ajay Shah, Senior Fellow, National Institute for Public Finance and Policy
Robin Banerjee, Director of Finance, Essar Steel
Sunil Siraslewala, Managing Director, Divya Global
Mitanshu Shah, General Manager – Finance, Alembic
Naveen Madan, Finance Director, LVMH Watch & Jewelry India
Vivek Gupta, Assistant General Manager, Corporate Finance & Treasury, Jindal Stainless
Sudhir Barve, Head - Treasury, Ispat Industries
Hitesh Shah, Asst. Vice President – Treasury, Alok Industries