Currency Futures
Currency futures trading is live on NSE and MCX platform, which is offering USD & INR futures trading. The platform may be utilized for hedging as well as trading purpose by various market participants. Currency Futures are traded at a price that is fixed on the purchase. It is an agreement to buy or sell a specified quantity of an underlying currency on a specified date in future at specified rate.
- Hedging
- Protect your foreign exchange exposure in business and hedge potential losses by taking appropriate positions
- Investments
- Trade or invest on the short term movement of markets through Currency Futures, also take long term exposures to various currencies
- Arbitrage:
- Take advantage of currency exchange rates in different markets and different exchanges
- Leverage:
- Trade in the currency derivatives by just paying a margin of 3-4 % of the total value instead of the full traded value