In today’s globalized and integrated business environment, every
organisation irrespective of the nature of its
business is impacted by currency risk either directly
or indirectly. Exchange traded currency derivatives
market provides excellent opportunity to do so.
Trading on Currency Futures at NSE facilitates you
with an increased transparency; enables better
counter party credit risk management, and a wider
participation from market participants.
NSE has introduced trading on currency futures on
USD-INR pair initially as per the regulatory
approval. The contract is as per the stipulation of
RBI/SEBI. The minimum contract size is $1000 and can
be traded in the multiples of the contract size. At
any point in time there will be 12 serial month
contracts available for trading. The contract can be
traded between 9 a.m. to 5 p.m., Monday to Friday of
the week. The price movement (tick size) is 0.25
paise. The contract will be similar to the forward
contract in terms of expiry period i.e., the futures
contract will expire on the last business day (expiry
day) of the month. The currency futures contract will
be cash settled.
NSE one of the largest and highly respected Stock
Exchanges in the world. The Exchange terminals are
present is more than 1400 cities / towns and has
around 1.5 lakhs access points across the country.
All relevant information is available on NSE website
www.nseindia.com home-page under FX Tracker link.
organisation irrespective of the nature of its
business is impacted by currency risk either directly
or indirectly. Exchange traded currency derivatives
market provides excellent opportunity to do so.
Trading on Currency Futures at NSE facilitates you
with an increased transparency; enables better
counter party credit risk management, and a wider
participation from market participants.
NSE has introduced trading on currency futures on
USD-INR pair initially as per the regulatory
approval. The contract is as per the stipulation of
RBI/SEBI. The minimum contract size is $1000 and can
be traded in the multiples of the contract size. At
any point in time there will be 12 serial month
contracts available for trading. The contract can be
traded between 9 a.m. to 5 p.m., Monday to Friday of
the week. The price movement (tick size) is 0.25
paise. The contract will be similar to the forward
contract in terms of expiry period i.e., the futures
contract will expire on the last business day (expiry
day) of the month. The currency futures contract will
be cash settled.
NSE one of the largest and highly respected Stock
Exchanges in the world. The Exchange terminals are
present is more than 1400 cities / towns and has
around 1.5 lakhs access points across the country.
All relevant information is available on NSE website
www.nseindia.com home-page under FX Tracker link.
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