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Currency Derivatives

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Anee Offers The Power of Currency Derivatives

Currency derivative is a contract between the seller and buyer, whose value is to be derived from the underlying asset, the currency amount. A derivative based on currency exchange rates is a future contract which stipulates the rate at which a given currency can be exchanged for another currency as at a future date.

Benefits of Currency Trading

The Currency Derivatives product is a bundle of opportunities for a number of players.

  • It is a new asset class for diversification of investments for all Resident Indians
  • It gives hedging opportunities to:
    • Importers and exporters, who can hedge their future payables and receivables
    • Borrowers, who can hedge foreign currency (FCY) loans for interest and principal payments
    • Resident Indians, who can hedge their offshore investments
    • Commodity traders can hedge against unfavourable movements of gold, crude etc.
  • It gives arbitrage opportunities
  • It gives trading opportunities because of its volatility and multiplicity
  • It provides highly transparent rates to traders as it is exchange-traded
  • Unlike currency forwards offered by banks, currency futures trading does not have to be backed by an underlying merchant transaction exposure
  • Tight bid ask spreads; usually 0.25 paisa wide
  • Margin requirements less than 5% to take exposure on a lot size of $1000, €1000, £1000 and ¥1,00,000 respectively
  • For exporters and importers, no credit line required from their Banker as is the case with forwards
  • Ideal tool for those with smaller exposures, as in the case of travel needs, educational payments etc.

Add the Anee Advantage to Forex Trading

  • Facility to our existing offline as well as online customers to trade in Currency derivatives by filling up a simple form. There is no need to open a separate trading account to trade in Currency Derivatives.
  • Your Cash margin with Anee can be used for both Equity as well as Currency transactions.
  • Online & Offline trading facility on all the bourses. Facility to place buy/sell orders through branches, internet and over the phone.
  • Receive education on the product through seminars/con-calls organized by Anee . Exclusive daily commentary and research reports by a specialized Currency Analyst Team that helps you take informed decisions.
  • Regular updates on Dollar INR movement with calls to buy and sell.

World Indices

Commodity Prices