#forex derivatives


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 […]

Content, Zerodha Varsity
05 Apr 2024

RBI: Putting the Ex in Forex

Through a recent circular, the RBI pulled the plug on speculative forex derivative trades in India. Until now, any speculator could trade currency derivatives on a stock exchange. This is because disclosing an underlying exposure was not required up to a certain limit. Therefore, currency derivative volumes on the NSE were booming. The prices and […]

Founder, StockViz
03 Apr 2024