Michael Gorham has written three articles in Futures Industry magazine about the Indian derivatives business: in June/July 2000, in May/June 2005 and now a piece titled Incredible India - Formidable Futures in the September/October 2006 issue. Mike first came to India to help in the launch of the equity derivatives market in roughly 1996, and has keenly followed the field in the following decade. These three articles add up to excellent knowledge for anyone interested in derivatives in India.
While I am on this subject, I should also point to the full text of the book Derivatives Markets in India edited by Susan Thomas, Invest India Tata McGraw Hill, 2003, which is now available for download.
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