Currency Trading
The Currency market which was till now restricted to banks, and OTC’S, is now opened for retail investors.as well. It actually completes the list of investment avenues for the investor. An investor’s portfolio can now include equities, commodities as also currency.
Contract Specifications for US-INR
| Symbol |
USDINR |
| Instrument Type |
FUTCUR |
| Unit of trading |
1 (1 unit denotes 1000 USD) |
| Underlying |
USD |
| Quotation/Price Quote |
Rs. per USD |
| Tick size |
0.25 paise or INR 0.0025 |
| Trading hours |
Monday to Friday 9:00 a.m. to 5:00 p.m. |
| Contract trading cycle |
12 month trading cycle. |
Contract Specifications for EUR-INR
| Symbol |
EURINR |
| Instrument Type |
FUTCUR |
| Unit of trading |
1 (1 unit denotes 1000 EURO) |
| Underlying |
EURO |
| Quotation/Price Quote |
Rs. per EUR |
| Tick size |
0.25 paise or INR 0.0025 |
| Trading hours |
Monday to Friday 9:00 a.m. to 5:00 p.m. |
| Contract trading cycle |
12 month trading cycle. |
Contract Specifications for Pound Sterling-INR
| Symbol |
GBPINR |
| Instrument Type |
FUTCUR |
| Unit of trading |
1 (1 unit denotes 1000 POUND STERLING) |
| Underlying |
POUND STERLING |
| Quotation/Price Quote |
Rs. per GBP |
| Tick size |
0.25 paise or INR 0.0025 |
| Trading hours |
Monday to Friday 9:00 a.m. to 5:00 p.m. |
| Contract trading cycle |
12 month trading cycle. |
Contract Specifications for Japanese Yen-INR
| Symbol |
JPYINR |
| Instrument Type |
FUTCUR |
| Unit of trading |
1 (1 unit denotes 100000 YEN) |
| Underlying |
JPY |
| Quotation/Price Quote |
Rs per 100 YEN |
| Tick size |
0.25 paise or INR 0.0025 |
| Trading hours |
Monday to Friday 9:00 a.m. to 5:00 p.m. |
| Contract trading cycle |
12 month trading cycle. |
At CHUKNOO, Currency Derivatives segment facilitates following Benefits.
- » Easy opening of currency account
- » Low margin requirement from exchanges
- » Competitive brokerage
- » Research Based Guidelines to Investors, Traders as well as Corporate Houses on Trading / Hedging positions.
