This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at [email protected] Indian Energy Exchange Limited (IEX), India’s largest energy trading exchange, is all set to enter the primary markets with its initial public offer (IPO) of Rs. […]
Starting In Foreign Currency FuturesThe place foreign Exchange (currency or FX) market may be the planet's biggest market, with over US trillion traded per day.
One derivative of the Forex marketplace is your Forex futures market, which will be only one one-hundredth the size. This article examines the critical differences between Forex futures and traditional stocksand discusses some plans such as speculating and hedging with this useful derivative.
Forex Futures Vs. Conventional Futures Both currency and traditional stocks operate at the exact same basic manner: a contract has been purchased to buy or sell a particular level of an asset at a specific price on a predetermined period. There is also, however, one essential difference between both: Forex trading are not traded on a centralized market; rather, the deal stream is available through many distinct exchanges inside the United States and abroad. Even the vast majority of foreign exchange stocks are traded through the Chicago Mercantile Exchange (CME) and its partners (introducing brokers).
However, this is not to mention that Forex futures contracts are over the counter per se; the stocks are still bound to a predetermined 'size per contract' and so are offered only in whole numbers (unlike forwards contracts). It is important to keep in mind that all money futures quotes are created against the U.S. buck, unlike the spot currency market.
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at [email protected] ICICI Prudential has initiated the allotment process of Bharat 22 ETF and I think most of the investors must have received the allotment SMS or mail […]