MARK DAVID BAKER*, VIVEK VASUDEV PAI**, NANDA AJAYAN*** & CHANDRAKANT DHAMALE**** *Nurse Volunteer, Promise Nepal/Bombay Leprosy Project, Mumbai, Maharashtra, India **Director, Bombay Leprosy Project, 11, Vidnyan Bhavan, VN Purav Marg, Sion, Chunabhatti, Mumbai – 400 022, India ***Non Medical Supervisor, Bombay Leprosy Project, 11, Vidnyan Bhavan, VN Purav Marg, Sion Chunabhatti, Mumbai – 400 0...

This paper describes the over-the-counter derivatives markets from the point of view of its structure, participants and products. We highlight the current trading venues for OTC equity derivatives, which include the inter-dealer market as well as electronic trading networks. The paper shows that the link between listed stock exchanges, options exchanges and the OTC market provides significant p...

Exchanges adopted several circuit breakers and program trading limits following the 1987 Stock Market Crash. The intended purpose of these policies was to reduce volatility. Unfortunately, there has not been enough extreme volatility to conclusively determine whether they have been effective. The lack of volatility does not demonstrate their effectiveness since extreme volatility is very rare. ...

During the past two years, Chinese joint-stock companies have been converting nontradable stock held by the state and state-controlled institutions, which constitute twothirds of all stock in Chinese firms, into stock that can trade on local exchanges. This ownership reform reduces direct state control over industrial enterprises. It also greatly increases the supply of stock, which threatens t...

Using Japanese firms that went public during the period 1998-2006, we find that independent venture capitalist-backed IPO firms are significantly younger and smaller than IPO companies backed by venture capital firms that are subsidiaries of financial institutions. Independent venture capitalists tend to make firms go public on stock exchanges with less strict listing requirements. Importantly,...

SMEsare the backbone of any country asthey grow at grass root level which increase earnings and reduce unemployment problem too.It is one dynamic most vibrant sectors Indian economy. Over last few decades, SMEs have played a crucial role in mobilising local resources effectively. However, among many difficulties, access to finance widely recognized as main hurdles growth development path SMEs. ...

This research examines whether stock prices in the Indian markets follow a Geometric Brownian Motion (GBM). study is keen on knowing if one can predict simulated accurately against actual prices. One-year, three-year, and five-year data of historical 50 stocks listed S&P BSE (Bombay Stock Exchange) Sensex Index were employed as base to using Monte Carlo simulation's GBM method. investigates...