Sudip Bandyopadhyay’s Blog

From the time in the early 1980s when the Derivatives first started trading, in a short span of less than 30 years the derivatives market has become the biggest market in the world. At the end of last year, contracts with a face value of $636,431bn were swirling around the world’s financial system, according to [...]

It seems only yesterday that scarcity was the story. Energy and commodity prices were heading into the stratosphere. The oil was running out, food shortages loomed, Russia was resurgent and China was marching into Africa amid a scramble for dwindling resources.
Now? Prices everywhere are falling as recession bites. Investment banks have disappeared; and the global [...]