The launch of currency derivatives in India, recommended jointly by SEBI and RBI, opened one more lucrative avenue for trading. A Currency Future, also known as FX Future or Foreign Exchange Future, is a future contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date. Currently, India is a USD 34 billion OTC (over-the-counter) market.
Trading in currency derivatives through us has various benefits:
- Hedge Avenues.
- Easy Documentation.
- Price Transparency.
- Speed of Execution.
Through us you can use the BSE-CD trading platform just by a simple account opening and documentation process.Open an Account