Currency Derivative Futures

Currency Derivative Futures

Currency Derivative Futures A futures contract is a standardized contract, traded on an exchange, to buy or sell a certain underlying asset or an instrument at a certain date in the future, at a specified price. When the underlying asset is a commodity, e.g. Oil or Wheat, the contract is termed a "commodity futures contract". When the underlying is an exchange rate, the contract is termed a "currency futures contract". In other words, it is a contract to exchange one currency for another currency at a specified date and a specified rate in the future. Being one of the early entrants into the Equity and Derivative Segments, VISHWAS has also obtained the membership in Currency Futures to offer new asset class for its customers. Vishwas offers trading in the Currency Derivatives Segment in NSE and MCX-SX.