Currency Derivatives - How do we can trade?
What are the Margin requirements??
And what are profit and loss in it?
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Currency Derivatives - How do we can trade?
What are the Margin requirements??
And what are profit and loss in it?
http://www.useindia.com/Quote:
Originally Posted by Manoj Kumar
Initially the Margin is Mere 2%Quote:
What are the Margin requirements?
and further change between 2-5%
Profit/loss are same as nse futures.Quote:
And what are profit and loss in it?
Some points -
1) Only in USD-INR
2) Market timings from 9am to 5pm
3) 12 months contract available for trading
4) 1 unit = 1000 USD
5) Order driven Market
6) Minimum fluctuation 25paise or INR 0.0025
7) Underlying is rate of exchange between 1 USD and INR