Abstract:
This study examines the trading of Exchange Traded
Derivatives(ETDs) in the Pakistani capital markets.
It discusses the various benefits of introducing
ETDs in Pakistan. This is succeeded by an in depth
examination into the trading of ETDs in Pakistan
vis a vis market infrastructure, legal structure,
exchange structure, clearinghouse structure,
intermediaries and investor education. The study
not only examines the current infrastructure
available but also explains how it can be improved
in order to be in line with international best
practices.