• Hariom Puniyani

The emergence of financial derivatives in India has been a milestone in the history of Capital markets. The basic purpose of financial derivatives is risk management. However the very purpose for which these derivatives should be used is sidelined and more of speculative activities are done on these instruments. The volume of speculations by retail traders who are generally not trained to deal in derivatives is on a rise in the capital markets in the country. There is ease of trading in derivatives due to emergence of online trading software and mobile application. Availability of Tips of trade based on technological analysis promotes the stock market traders play in derivatives market. These retailers generally depend on the tips and suggestions provided by their respective brokers who sometimes make people gamble for their own huge profits. The emotions of traders motivates them to avoid using the techniques like stop loss which had lead to destruction of investments of a lot of traders. Greed for earning easy and fast money promotes leveraging of their financial positions above capacity.

Derivatives, Risk management, Technology, Emotions, Speculation, Retail Traders

"TECHNOLOGY AND EMOTIONS IN FINANCIAL DERIVATIVES TRADING: SPECIAL REFERENCE TO RETAIL TRADERS ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 5, page no.354-357, May-2018, Available :http://www.jetir.org/papers/JETIR18IC068.pdf

"TECHNOLOGY AND EMOTIONS IN FINANCIAL DERIVATIVES TRADING: SPECIAL REFERENCE TO RETAIL TRADERS ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 5, page no. pp354-357, May-2018, Available at : http://www.jetir.org/papers/JETIR18IC068.pdf