Change in eligibility to trade in currency derivatives
Update [04/04/2024]: The deadline has been extended to 3rd May 2024 from 5th April 2024. Check the RBI press release here.
As per RBI guidelines, traders need to have exposure to the underlying currency to trade in currency derivatives on the stock exchange. Please ensure to close your open position before 05th April 2024 to be compliant with RBI rules. Further, effective 04th April 2024, you can exit your current positions but will not be allowed to take fresh positions in currencies. If you wish to take fresh positions please submit this declaration form. Read more.