Why compromise for less, whilewhile tradingtrading forEX !
Way2Wealth launches Currency Futures Services The most transparent, efficient & accessible way to mange your Forex risk
A Currency Future is a forex derivatives contract to buy or sell one currency against an other on a specified future date, at a price decided in the contract.
RLargest financial market Over $2 trillion turnover per day RLargest OTC market Only 10% contribution from exchange RLargest trading centre London - accounting for 30% of all trades RDominant traded currency $ Dollor - accounting for 85% of the trades Source: Bank of International Settlement / IFSL / Wikipedia Safety for your forex exposure in volatile markets
Who can trade... Key Benefits
Investors can use these futures contracts to Hedge against foreign exchange risk. hedge against foreign exchange risk. Affordable - lower margins & small contract size, Importers / Exporters, Manufacturer’s beneficial for Retail investors with limited resources Companies, Jewelers & Individuals to to take positions. hedge their exposure in different Contracts with daily MTM makes it easier for currencies more effectively. participants to account for P&L in books SME’s - whose forex exposures are not Counter-party Default Risks, all trades done on large enough as per bank standards, recognized exchanges, guaranteed by the clearing but larger than compared to individuals. corporations, hence eliminates the risks associated Individuals or Entities with Commodities, with counter party default. Equity or Debt exposure. NSCCL (National Securities Clearing Corporation Ltd.) carries out all the clearing & settlement processes. Provides opportunity to trade the Indian Rupee risk on transparent and equal basis that an exchange provides. Trading Details
RISK MANContrAGEMENTact Det ailsMEASURES DETAILS
Initial Margin To cover 99% VaR over a day Tick Size INR 0.0025
SPAN margin 2.57% of the contract value Trading Hour 9 am - 5pm Calendar Spread Rs. 250/- for all months (Monday to Friday) Margin Unit 1 Lot (1 Lot = 1000 USD) MTM Settlement T+1
Margin Collection All margins to be collected Tenor of the Currency futures contract have Enforcement everyday Contract a maximum maturity of 12 months Client Level 6% of Ol, or 5 mln USD Exposure (Rs. 20 cr) Settlement Reserve Bank Reference Rate Price on the date of expiry Client Level 15% of Ol, or 25 mln USD Exposure (Rs. 100 cr) Settlement Cash
Way2Wealth Services Currency Futures Trading offers immense opportunities for all Way2Wealth offers Currency Futures trading on all segments, but as the product is new, it requires an in-depth the exchanges in India i.e. NSE, BSE & MCX understanding of the trading modalities. We ensure complete transparency in trades, efficiency in execution and accessibility to dealers from anywhere To ensure seamless execution of transactions and to reduce omissions, Way2Wealth takes up the endeavor to train and get Opportunity for arbitrage & trading you acclimatized to these modalities, please feel free to approach us One page documentation for existing clients. for a training session on Currency Futures Trading…
Research @ Way2Wealth About Us Way2Wealth has a dedicated research team, who We are one of 'India's premier investment consultancy constantly follow world forex markets & trends to derive firms' known for making investing simpler more and forecast future forex trends, these learnings are understandable and profitable for the investors. shared with our clients to help them make more We service our customers through a team of 1000+ informed decisions while trading. wealth managers spread across 100+ easily accessible branches over 50 cities. Our research is shared with our clients through various modes in the form of reports: Contact us
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