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| You are here: Home > Products > Equity > Derivatives Market > Currency Derivatives |
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| India started its structural foreign exchange reforms way back in the 90's and gradually shifted to a managed floating system with RBI intervention. Currently there is an active OTC market with Spot and Forward trades in big quantities. The participants for such trades range from banks to international traders with underlying currency risks. Such a crude market sees a daily volume of around USD 33 billion, throwing open enormous opportunities. |
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| The advent of global trade and integration of financial markets, backed with progressive flow of capital, have transformed the dynamics of Indian financial markets. With a view to enable entities to manage volatility in the currency market, RBI has approved Foreign Exchange Currency Futures on the exchange platform. Currency Derivatives help players manage foreign currency risk, better. |
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| The following chart depicts USD-INR exchange rate movement since 1991. |
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| Though futures generally solve the same purpose as OTC and Forwards, yet they do the same with added benefits over OTC: |
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Better Transparency |
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Better Price Dissemination |
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Better Risk Management - Mark to Market |
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Counter Party Guarantees |
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Equal opportunity to all class of investors - large or small |
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Best Time - Price combination available |
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Better Correlation with Global Prices |
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Better Correlation with Global Prices |
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| As a one - stop - shop for all financial services, Kunvarji group has been enriching its product basket from time to time. |
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| With the launching of Currently Derivatives in India, Kunvarji Finstock Pvt. Ltd. has initiated providing currency trading platform to its wide network of clients & traders. This initiative is intended to benefit a large number of financial market participants, including hedgers (i.e. exporters, importers, corporates and bankers), investors and arbitrageurs. |
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| Kunvarji, Standing Tall for the Trust & Bond of Intelligent Investing. |
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