1. Introduction to derivatives 2. Commodity derivatives 3. Difference between commodity and financial derivatives 4. Global and Indian commodites exchange 5. Evaluation of commodity market in india 6. NCDEX platform 7. Exchange membership 8. Capital requirements 9. Commodities traded on NCDEX 10. Instruments available for trading 11. Pricing of commodity futures 12. Clearing settlement and risk management 13. Use of commodity futures in hedging