2. INTRODUCTION Capital Market is a market in which securities are traded. Capital markets include the stock and bond markets. The different types of financial instruments are : Equity instruments Credit market instruments Insurance instruments Foreign exchange instruments Derivative instruments
3. Financial Innovation in Global Capital Market Sudden spurt in financial innovation seen in recent years. World financial markets are intertwined in their performances. It has led to the development of new financial centers like Singapore, Middle-East (Dubai), Hongkongetc.
4. Capital Market of USA It is considered as a very strong and developed capital market. It is the largest in the world. The list of stock exchanges in USA in given below: New York Stock Exchanges NASDAQ Philadelphia Boston Stock Exchanges American Stock Exchanges Chicago Stock Exchanges New York Board of Trade
11. Macro Economic Factors Financial Literacy FLEC (US), FSA Campaign (UK) Bureaucratic Hurdles Stringent Rules Corruption Lack of Participation Market Reach & Infrastructural Issues Low Per Capita Income (`44,345)
12. Necessary Products India VIX – Real Time Calculation Forex – Currency Options Bond Market – Interest rate futures Freight Index Weather Derivatives Credit Derivatives
