We are members of the United Stock Exchange – for currency futures.
USE represents the commitment of ALL 21 Indian public sector banks, respected private banks and corporate houses to build an institution that is on its way to becoming an enduring symbol of India’s modern financial markets.
Take advantage of Currency Futures from USE. It allows one to electronically trade currency futures contracts. Currently currency futures are available on USE in 4 currency pairs - USD-INR, EUR-INR, GBP-INR and JPY-INR
USDINR - US Dollar - Rupee Currency Futures Contract.
EURINR- Euro - Rupee Currency Futures Contract.
GBPINR- British Pound - Rupee Currency Futures Contract.
JPYINR- Yen - Rupee Currency Futures Contract.
Margin: Total margin depends upon VAR margin + Extreme Loss Margin and it varies from contract to contract between 3% to 8%.
Currency Options are powerful hedging tools for corporates and SMEs. This product also gives ample opportunities to traders and investors. Currency Options on USE brings to you all this plus the added benefits of trading on a secure, robust, transparent medium that aids in efficient price discovery. There is only option:
US Dollar - Rupee Currency Options Contract
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