Oct 10, 2008, 03.36 PM | Source: Moneycontrol.com
USD / INR Currency futures trade goes live on MCX-SX. On the first day, 59,952 contracts each valuing $ 1,000 were traded. The total value of the contracts valued at Rs. 287.49 crores.
After inauguration of
The first trade was done by Jaypee Capitals Services Ltd. and East India Securities Ltd. Amongst the bankers HDFC bank did the first trade. Union Bank of India , SBI ,
MCX – SX spokesperson said, “We are happy looking at the trade response from the stakeholders. The participation was seen across
The launch of MCX–SX opens a new opportunity and provides a timely tool to the market participants who have direct and indirect exposure to currency risks.
Sourced From: Adfactors Public Relations Pvt Ltd