Link My UPI

home | broking distribution |markets & news

currency derivatives

Currency Derivatives India, Currency Market Live in India

How do you view the currency market live in India? Obviously, the Currency Derivatives India page on LKP Securities could be your page of choice. Currencies trade in pairs and you can easily select the currency pair and contract of your choice. Once you click on the contract of your choice, there is a wide array of analytics and information that is available to you to take a view on the currency markets. Here is how LKP Securities covers the currency market live in India…

Currency Derivatives India – The LKP Securities way…

Currency derivatives market in India got a big boost with the advent of currency futures that were permitted to be traded in the NSE, BSE and the Metropolitan Stock Exchanges. The advantage for most traders has been that they could trade these currencies with their existing trading accounts itself and did not require a separate trading account and separate KYC like in the case of commodities. The currency page on LKP broadly provides the following analytics and screening facilities…

  • Firstly, it is possible to select currency futures or currency options as may be the case. While the USD/INR pair is the most traded in both futures and options, other pairs are also picking up steam. Options on currencies can be a limited risk method of participating in the currency market for retail investors.
  • Once the product is identified, the second step is to identify the specific currency pair of choice. You can opt for the USD / INR pair, the Pound / INR pair, the Euro / INR pair or the Yen / INR pair. While the USD/INR pair is the most actively traded, other pairs like the Euro pair and the Pound pair is also attracting trading interest.
  • Currency futures and options are a good means of hedging your currency risk, especially when you have a payable or a receivable in dollars. In the currency contracts, you have 12 contracts over the next 1 year available although it is the near month contract that is more heavily traded. You can pick the contract of your choice.
  • Lastly, you can drill down into the details of the particular contract. You can evaluate how the price of the contract has moved and how the volumes in the contract are evolving. You can examine how the open interest in the contract is emerging which is an indication of the long term hedging interest in the currency pair.

Currency pairs give a good opportunity to trade currencies and also to hedge currency risk. The Currency Get Quotes page on LKP Securities can be a veritable starting point for you.

Get Quotes

Instrument:
Symbol:
Expiry Date:

Registered Office: 203,Embassy Centre,Nariman Point,Mumbai - 400021.
Tel: +91 22 4002 4785/4002 4786 Fax: +91 22 2287 4787
Single SEBI registration number for NSE/BSE/MSEI : INZ000216033 CIN L67120MH1994PLC080039 and Maharashtra GSTN No. 27AAACL0963A1ZZ
In case of grievances for Securities Broking /DP write to us on grievances@lkpsec.com
For linking your Demat/trading account with Aadhaar, submit the self-attested copy
of your Aadhaar Card along with a written request signed by all the holders.
SEBI Complaint redressal system

For Call & Trade / Support Desk Call: 1800-1020-198 Privacy Policy & Disclaimer | Sitemap
Arbitration Mechanism on the Stock Exchange
Copyright © 2010 LKP
Designed , Developed & Content Powered by Accord Fintech Pvt. Ltd.

Attention Investors

  • Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
  • Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors