Financial markets have evolved significantly over the past few decades, offering investors a wide array of instruments to manage risk and enhance returns. Among these tools, exchange traded derivatives play a critical role by providing standardized contracts that are traded on regulated exchanges. These instruments, such as futures and options, offer greater transparency, reduced counterparty risk, and improved liquidity compared to their over-the-counter counterparts. As a result, they have become essential components in the strategies of both institutional and individual investors.