The Big Board has stock with which to buy other exchanges and market operators, and greater flexibility to pursue alternative strategies, ranging from expanded option and derivative trading to more automated trading.

In 1998, the exchange also got permission to start derivative trading.

This year, Goldman, along with most other Wall Street firms, has seen its profits plunge as rising interest rates transformed record earnings from currency, bond and derivative trading into stunning losses.

In January 2006, VDM acquired Curvalue, a Dutch trading company specialized in derivative trading.

When the regulatory playing field is levelled after 1992, the mist should clear somewhat and the pattern of derivative trading for the rest of the decade may begin to emerge.

Farmers have used a simple form of derivative trading in the commodity market for centuries for price risk management (p. 6).

The Anglo Irish Bank in Ireland and Banco Popular in Spain show good loan growth, he said, and are expanding into capital markets and derivative trading.

Pearce (R-NM) - No, my question is not that, my question is, derivative trading itself, is it very high risk?

At the same time, though, we must note that during the course of the nineties we were dealing with a twenty-five-fold turnover increase in derivative trading such as swaps, options and so on.

It is the 11th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading.