HOME
NATION
BUSINESS & ECONOMY
INTERNATIONAL
SCIENCE & TECHNOLOGY
ENTERTAINMENT
LIFESTYLE & FASHION
SPORTS
TRAVEL
NATION
BUSINESS & ECONOMYINTERNATIONAL
SCIENCE & TECHNOLOGY
ENTERTAINMENT
LIFESTYLE & FASHION
SPORTS
TRAVEL
MORE STORIES YSR urges PM to form team to manage Satyam affairs Andrew Strauss named England captain Ramalinga Raju: From Andhra's pride to disgrace Film on Raja Ravi Varma worth a watch: Randeep Hooda Striking truckers hope government will talk to them 'Prabhakaran's extradition call shows India's stand on LTTE' We need more short films to promote young talent: Anupam Kher Ashok Leyland sales down 63 percent in December BJP draws roadmap to general elections, sticks to terror Mamata's acts are childish: Biman Bose
© 2008-2010 Dmanewsdesk.com
- All Rights Reserved.
- All Rights Reserved.
Bombay Stock Exchange launches trading in currency derivatives
October 1, 2008
Mumbai, The Bombay Stock Exchange launched its currency derivatives segment in dollar-rupee currency futures here Wednesday, chief operating officer M.L. Soneji said.
“Exchange trading currency derivatives market will provide excellent opportunity to hedge currency risk for different participants. In today's business environment, many entities irrespective of the nature of its business are impacted by currency risk either directly or indirectly,” Soneji said.
Currency derivatives are used mostly by small and medium enterprises engaged in international trade to hedge their risks against fluctuations in currency values.
The contracts will have a minimum size of $1,000 and tghen in its multiples. They will be available for trading between 9 a.m. and 5 p.m.
“Exchange trading currency derivatives market will provide excellent opportunity to hedge currency risk for different participants. In today's business environment, many entities irrespective of the nature of its business are impacted by currency risk either directly or indirectly,” Soneji said.
Currency derivatives are used mostly by small and medium enterprises engaged in international trade to hedge their risks against fluctuations in currency values.
The contracts will have a minimum size of $1,000 and tghen in its multiples. They will be available for trading between 9 a.m. and 5 p.m.
Business & Economy
Inflation rate moderates further, eases to 10.68 percent
Power majors team up to construct nuclear plant
India poised to be major player in global satellite manufacturing
LOCKHEED MARTIN F-35 SUCCESSFULLY WRAPS UP TESTING AT EDWARDS AFB, VALIDATES READINESS FOR FUTURE TEST DEPLOYMENT
Himachal Pradesh inks deal with Satluj Jal Vidyut Nigam
Finance Ministry to allow tax relaxations for airline industry
Air Arabia launches operations to Hyderabad
AirAsia to fly to India Dec 1
TESTING TIME FOR BJP AND CONGRESS
IIM should motivate students to opt for politics: Kalam
Indian economy bound to experience pain, says PM
Military logistics pact with US not on agenda: Antony
Globalisation must be fair, development should be inclusive: PM
Light Combat Aircraft to be delivered by 2011: Antony
Russia to transport T-90 gun barrel technology to India
India's air defence inadequate: Comptroller and Auditor General
Economies need global monitoring agency: Manmohan Singh
Gross failure of multilateral controls caused meltdown: Manmohan
Gold a safe harbour, investment advisors tell clients
Radha Realty to build ultra luxury houses in Hyderabad