Underlining the Underlying Exposure
The RBI requires anyone trading in currency derivatives to have an underlying exposure to forex. It seems many market participants were not aware of this. So, the RBI recently reinforced this requirement through a recent circular. The deadline to ensure that users participating in currency derivatives have an underlying exposure was set at 05 April […]
Vineet Rajani
Content, Zerodha Varsity
4
05 Apr 2024