Sun, Sep 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Sebi plans to increase trading hours for currency futures

Posted on 11 April 2014

Longer trading hours may become the norm for currency traders soon. Capital markets regulator Sebi is planning to increase trading hours for currency futures so that market participants in India would be able to adjust and alter their positions in line with the movements in foreign currencies in global markets.
If the proposal is approved by the regulator, the currency futures market will be open from 9.00 am to 7.30 pm, Sebi chief UK Sinha said “The timings of the currency markets can now be enhanced from 5 pm to 7:30 pm. So, we are moving in a direction where the Indian currency derivatives market can help the corporates, for example, hedge on a continuous basis,” Sinha said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930