Currency futures is a form of the contract agreed between participants of the transaction to exchange one currency for another on a specific date decided in future and an at a predetermined rate of exchange which is fixed on the day of buying. The FX Future allows hedging for investors, reducing the foreign exchange risk. in currency derivatives segment, a futures contract is in terms of INR per unit of the other currency in pair.
WHAT ARE Benefits of TRADING IN currency derivatives?
» Risk management through hedging – Hedging your investment protects you against the unwanted currency fluctuations from affecting your asset.
» Liquidity – Foreign exchange is the most liquid market due to the availability of a high number of traders.
» Safety from manipulation – Due to the sheer size of this market and multiple involvements, it’s impossible to manipulate.
» Leverage of margin – You need not pay the entire trade amount but only the fixed margin amount while trading in this market
» Analysis and Evaluate – Currency futures assist in predicting near future market movements.
HOW CAN ANS HELP YOU TRADING IN CURRENCIES?
» Our businesses are aligned with various global currencies
Expert care for customers
» Our trading platform is available across both NSE & BSE in a single window, providing you a full range of exchange services
» Anytime, Anywhere – Desktop and Mobile trading facilities
» High-Speed Trade Execution; Also trading uptime 99.9%
» Customer support readily available both online and offline
» Telephonic inquiry service for the demat balance
» Erudition, Experience & Expertise from our director Mr. Nilesh Sheth who has 10+ years in currency markets.
» High Liquidity due to the global market
» Member of NSE Currency Exchange since its inception in 2008
» Member of BSE Currency Exchange since 2015