FOi - Futures and Options Intelligence


Sebi allows currency options on bourses 30 Jul 2010


Source: Business Standard

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Market regulator the Securities and Exchanges Board of India (Sebi) today allowed exchanges to introduce currency options on US dollar pairing with rupee, a development that provides another alternative to corporates for hedging against currency fluctuations.

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“We’re making our futures market more efficient and with a lower cost of trading”

Peter Chiu, senior executive VP at the Taiwan Futures Exchange