Net (losses) gain from
foreign currency future operations
Total net gain from
foreign currency future operations was $1,030,959 for the three months ended July 31, 2008 as compared to a net gain from
foreign currency future operations of $1,126,058 for the quarter ended July 31, 2007.
Net gains from
foreign currency future operations were $6,984,544, for the year ended January 31, 2008, a decrease of $894,973 from net gains of $7,879,517 from
foreign currency future operations for the year ended January 31, 2007.
It trades short-term treasury bonds, common stocks(primarily from former state-owned enterprises that have been privatized, including food and beverage, construction and banking companies), and
foreign currency futures.
The main areas of discussion at the meeting included AML/CFT, credit rating companies, development of secondary market, trading of
foreign currency futures at Pakistan Mercantile Exchange (PMEX), enlistment of insurance companies on panel of banks, collaboration between SBP-SECP on financial literacy program, etc.
the gain from
foreign currency futures contracts entered into to hedge
Bourse for
foreign currency futures deals for individuals to start
Kroner and Jahangir [1993] find similar results for
foreign currency futures.
Similarly, volatility of currency trading during the 1970s and 1980s(48) caused evolutionary developments in the currency markets such as the trading of
foreign currency futures on regulated and OTC markets.
Customers, primarily New York brokers, phone him with orders for
foreign currency futures contracts or options.
If forward exchange contracts (or any such similar instruments) or
foreign currency futures are used as hedging instruments,
Each of the option contracts has a trading unit equal to one half the size of
foreign currency futures contracts on the IMM, (International Money Market.
