Srinidhi Raghavendra, Vice President, Commodities at SGX, speaks on Commodity derivatives markets during the workshop conducted at IIMB, by the Centre for Financial Markets and Risk Management on February 27, 2015.
The Centre for Financial Markets and Risk hosted a workshop on commodity derivatives market on February 27. Srinidhi Raghavendra, Vice President, Commodities, Singapore Exchange, shared his industry experience with students.
“To be honest, it is an honor to be at IIMB. I hope this workshop gives you an overview of the trading industry, the exchange clearing house and an insight into the firms and their roles of eco-system,” he said.
During the workshop, Srinidhi described commodity and commodity derivatives markets, structures and exchange systems, commodity trading strategies and nuances. He touched upon considerations involved in hedging and techniques to manage risk and the drivers of volatility from a practitioner perspective.
The workshop began with a case competition, challenging the students to maximize Rs. 8000 in 8 hours within a time frame of 3 minutes. The challenge was gleefully accepted by the students. The session then turned interactive with surprise questions from the speaker.
Offering examples from his career, he urged students to work towards achieving their unique intellectual potential. “Stand out from the crowd as best as you can,” he said.
Paraphrasing RBI Governor Raghuram Rajan, Srinidhi said to the students: “By all means set ambitious goals for yourselves. As both ancient Indian philosophers and modern day psychologists say, the achievement of narrow personal goals – greater wealth, rapid promotion, or increasing fame – rarely brings you anything other than brief pleasure. I don’t claim to know the reason of happiness, but this seems obvious – if you like the journey, if you get pleasure from the work you do, it matters far less when, or indeed whether, you reach your destination.
You have far more control over the journey you choose. And often the most enjoyable journeys are those where your goals are broader and where you take others with you, especially others who could not make it without your help. In so doing, you will make this world a better place.”
“The workshop was an eye opener for me. I had no previous experience of commodities/derivatives trade and this was a good introduction,” said Devattam Ghosh of EPGP (2014-15). “The workshop has given me an understanding on the mechanics, existence and the opportunities of the market. The speaker had a command over the subject and kept us hooked all the time,” he added.
Srinidhi Raghavendra, Vice President, Commodities at SGX, speaks on Commodity derivatives markets during the workshop conducted at IIMB, by the Centre for Financial Markets and Risk Management on February 27, 2015.
The Centre for Financial Markets and Risk hosted a workshop on commodity derivatives market on February 27. Srinidhi Raghavendra, Vice President, Commodities, Singapore Exchange, shared his industry experience with students.
“To be honest, it is an honor to be at IIMB. I hope this workshop gives you an overview of the trading industry, the exchange clearing house and an insight into the firms and their roles of eco-system,” he said.
During the workshop, Srinidhi described commodity and commodity derivatives markets, structures and exchange systems, commodity trading strategies and nuances. He touched upon considerations involved in hedging and techniques to manage risk and the drivers of volatility from a practitioner perspective.
The workshop began with a case competition, challenging the students to maximize Rs. 8000 in 8 hours within a time frame of 3 minutes. The challenge was gleefully accepted by the students. The session then turned interactive with surprise questions from the speaker.
Offering examples from his career, he urged students to work towards achieving their unique intellectual potential. “Stand out from the crowd as best as you can,” he said.
Paraphrasing RBI Governor Raghuram Rajan, Srinidhi said to the students: “By all means set ambitious goals for yourselves. As both ancient Indian philosophers and modern day psychologists say, the achievement of narrow personal goals – greater wealth, rapid promotion, or increasing fame – rarely brings you anything other than brief pleasure. I don’t claim to know the reason of happiness, but this seems obvious – if you like the journey, if you get pleasure from the work you do, it matters far less when, or indeed whether, you reach your destination.
You have far more control over the journey you choose. And often the most enjoyable journeys are those where your goals are broader and where you take others with you, especially others who could not make it without your help. In so doing, you will make this world a better place.”
“The workshop was an eye opener for me. I had no previous experience of commodities/derivatives trade and this was a good introduction,” said Devattam Ghosh of EPGP (2014-15). “The workshop has given me an understanding on the mechanics, existence and the opportunities of the market. The speaker had a command over the subject and kept us hooked all the time,” he added.