5 Awesome Things You Can Learn From Currency Futures In India
In terms of trading, the largest market happens to be the global forex market. But behind it, there is also a currency futures market offering a respectable frequency of daily transactions. Currency futures are mainly future contracts traded over exchange to buy or sell at a specific date in the future, at a scheduled price. Traders from India have also started to invest in currency futures in the hope of speculating their money. Go through the following article to know more about currency futures in India. Wide Variety of Future Contracts In India, traders get a wide variety of “currency futures” contracts for trading. Apart from the popular contracts that you like to trade in, such as INR/USD, INR/EUR and EUR/USD, there are also other types of currency futures contracts available. These are E-Micro Forex Futures contracts which are traded at 1/10th of the size of the regular currency futures contracts. It also includes market currency pairs, like USD/PLN (U.S. dollar/Polish zlo...