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Friday, August 26, 2016 3:37:00 PM  SENSEX  27782.25  Down  -53.66      Adani Ports :   255.50  Down  -6.65      Asian Paints :   1124.00  Up  16.70      Axis Bank :   588.00  Up  1.60      Bajaj Auto :   2857.00  Down  -6.00      Bharti Airtel :   343.20  Down  -2.95      Cipla :   568.00  Up  4.95      Coal India :   333.00  Up  1.05      Dr Reddy's Labs :   3047.00  Down  -2.55      GAIL (India) :   377.20  Up  4.00      H D F C :   1360.00  Up  2.40      HDFC Bank :   1258.75  Up  1.05      Hero Motocorp :   3316.00  Up  12.25      Hind. Unilever :   900.00  Down  -10.35      ICICI Bank :   245.40  Down  -1.75      Infosys :   1021.30  Down  -15.25      ITC :   253.60  Up  0.30      Larsen & Toubro :   1427.90  Down  -29.45      Lupin :   1514.50  Down  -8.10      M & M :   1424.10  Up  9.75      Maruti Suzuki :   4915.10  Down  -19.45      NTPC :   158.20  Down  -0.50      O N G C :   238.30  Up  0.05      Power Grid Corpn :   180.50  Down  -1.55      Reliance Inds. :   1026.85  Up  13.75      St Bk of India :   246.75  Down  -3.30      Sun Pharma.Inds. :   755.60  Down  -9.25      Tata Motors :   514.70  Up  20.95      Tata Steel :   369.00  Down  -3.40      TCS :   2532.00  Down  -18.10      Wipro :   490.30  Down  -14.80    
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Currency Derivatives

Currency Future is a standardized foreign exchange derivative contract. All Currency Future contracts are traded (buy or sell) on recognized stock exchange.
Currency Futures are issued for standard quantity of one currency against another currency on a specified future date, at a price specified on the date of contract.
Currency Futures are marked-to-market daily. Investors can, by closing out their position, exit from their obligation to buy or sell the currency prior to the contract's delivery date.
Who are Market Players?
The currency markets have some of the highest volume (number of contracts) and liquidity which attract individual day traders, trading companies, financial and non financial companies, banks, and governments. Smaller and affordable contract lot size enables a large number of market players to participate in forex markets. Broadly, there are four types of market players:
Hedgers - to reduce foreign exchange risk
Investors - in the hope of making a profit.
Arbitrageurs - to make profit from price differential in different markets.
Traders - seek opportunities in volume, volatility and liquidity in the market.
Which Currency Futures are allowed in India?
RBI has permitted the recognized exchanges to offer following currency future contracts:
 USD-INR
 Euro-INR
 Japanese Yen (JPY)-INR
 Pound Sterling (GBP)-INR
You can now invest across 4 currencies - US Dollar, Euro, Yen and GB Pound. Open an account with us and enjoy an investment portfolio having a new asset class, i.e. Forex. Alankit is member of following Exchanges for Currency Futures:
 NSE Currency Derivatives
 BSE Currency Derivatives
 MCX'SX Currency Derivatives
 USE Currency Derivatives
For more details, please click Helpdesk and contact or submit your query/proposal. Our representative will be in touch with you soon.
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Left Decrease Increase Right SEBI Regn. No. NSE: INB/INF/INE 230881235   |   BSE: INB/INF/INE 010881234   |   DSE: INB 050881235   |   MCX-SX : INE 260881235  |   USE - INE 270881235   |   NSDL- DP ID: IN-DP-NSDL-14-96   |   CDSL DP ID: IN-ID-CDSL-43-99         Commodity Membership No.: MCX-10705, NCDEX-0016, NMCE-CL0044, NSPOT-10002, NSEL-10700, SNX-2255, ICEX-1025   |   Dubai Gold and Commodity Exchange (DGCX)-3035   |   Indian Energy Exchange (IEX)- Electricity Trading N2DLOAIL0000
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