Reserve Bank of India Permits Currency Options Trading on Stock Exchanges

30 Jul 2010 email

COMMENT

Email a Friend

All fields are compulsory

Your name:
Your email:

To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):
Email yourself a copy?
Comments:

I have read and agree to the Terms and Conditions

Add Your Comment

All comments are subject to editorial review.
All fields are compulsory

Your name:
Your email:
(will not appear)

You may email your comment to a friend
To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Publish your name?
Receive email notification of new comments posted by other users?
Email yourself a copy?
Comments:

I have read and agree to the Terms and Conditions

Source: Bloomberg.com

The Reserve Bank of India allowed trading of currency options on stock exchanges, expanding the tools available for companies to hedge their currency risk, the central bank said today. “It has been decided to permit trading of currency options on spot U.S. dollar-rupee rate in the currency derivatives segment of the stock exchanges, recognized by the Securities and Exchange Board of

>> View full story

“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.