At present, MCX-SX offers trading in currency futures contract
and this development will enable the exchange to offer additional asset classes.
A position in a foreign currency futures contract
in relation to
Let's consider this example: If a Kenyan company is concerned that the dollar will appreciate against the deutsche mark before the payments are made, it will want to hedge against it by buying a dollar currency futures contract
When exercised, the holder of the option receives a short or long position in the currency futures contract
which expires one week after the expiration of the option contract.
It may be recalled that it was announced in the Fourth Bi-monthly Monetary Policy Statement, 2015-16 of September 29, 2015 that the standalone PDs would be permitted to deal in currency futures contracts
Currency futures contracts
imply "a meteoric rise of the U.
The Johannesburg Stock Exchange (JSE) has launched the first currency futures which track the exchange rate between the Rand and select African currencies, listing three new currency futures contracts
which track the exchange rate between the Rand (ZAR and the Zambian Kwacha (ZMK), Kenyan Shilling (KES) and Nigerian Naira (NGN).
USD/MUR and rand/USD currency futures contracts
are traded on the Bourse Africa platform; USD/rand and pula/rand are traded on the JSE; while kwacha/ USD is traded on BADEX.
All DGCX currency futures contracts
except US Dollar/Canadian Dollar registered substantial month-on-month increases.
John Anderson was addressing members, institutions and private investors at the seminar, held as a prelude to the upcoming launch of DGCX's new currency futures contracts
The bank said that the indices offer investors with easier access to interest rate and currency futures contracts
Since the start of 2009, 147,000 currency futures contracts
have traded on DGCX, valued at $9.