What are Currency Derivatives?

Currency derivative is a contract between the seller and buyer, whose value is to be derived from the underlying asset, the currency amount. A derivative based on currency exchange rates is a future contract which stipulates the rate at which a given currency can be exchanged for another currency as at a future date.

Currency Futures
Paterson offers its clients advisory and brokerage services for trading in the world's most traded financial instrument – Currency Futures – through MCX-SX and NSE. Currency Futures, an instrument in the Currency Derivatives segment, are similar in nature to Stock or Index Futures contracts.

Contract Period: Available for the ensuing 12 months from the date of the contract

Expiry: Monthly expiry on the last business day of the month.

Settlement: The Mark-to-Market for Currency Futures is settled on a daily basis

We offer a comprehensive portfolio with the most traded exchange rates as the underlying for currency futures contracts:

• INR: USD
• INR:EUR
• INR:CHF
• INR:JPR

Benefits of Currency Futures:

• Hedging forex risks
• Potential to monetize fluctuations in exchange rates
• High Liquidity
• Extended trading hours - 9 am to 5 pm (Monday to Friday)
• Small lot size of only US $1000 with low exchange specified margins

Currency Futures is ideally suited for those who have foreign currency exposure such as,

• SMEs / Individuals involved in Imports/Exports
• Corporate/ Institutions involved in Imports/Exports

The PatEdge: Our value proposition

• Personalised Service
• Flexible Brokerage
• Hedging Capability
• Online and offline platforms available

Contact Us

To find more about our how our Currency Trading facility can add value to your business, kindly contact us at currency@paterson.co.in