Comment on Margin required for trading currency going up - July 9, 2013

Sukesh commented on 26 Aug 2015, 01:07 PM

Hey Nithin, Thanks for the clarification.

I was under the impression that Nifty futures are the most traded instrument in the market however see the below observation as per the screen shot attached (of a sample data taken from Pi):

Nifty Futures –
OI (Total) – 13035275
OI (Lots) – 13035275/25 = 521411
Volume Traded Today (Total) – 12044650
Volume Traded Today (Lots) – 12044650/25 = 481786

INR USD Currency Futures –
OI (Lots/Total) – 1514850
Volume Traded Today (Lots/Total) – 1057340

By this comparison (in terms of lots), both OI & Volume traded of currency derivatives are much more than Index futures. Then why is Nifty futures referred to as the most traded instrument?


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