Currency

Currency derivatives can be described as contracts between the sellers and buyers, whose values are to be derived from the underlying assets, the currency amounts. These are basically risk management tools in forex and money markets.

These are basically risk management tools in forex and money markets used for hedging risks and act as insurance against unforeseen and unpredictable currency and interest rate movements. Any individual or corporate expecting to receive or pay certain amounts in foreign currencies at future date can use these products to opt for a fixed rate – at which the currencies can be exchanged now itself.

The introduction of the Currency derivatives segment by NSE would soon bring about almost all currencies of the world under one roof to be professionally traded. This would however, incite a stronger speculative interest in the masses. The FAST group is already a member of this brand new segment, giving our clients an edge over the other by giving them the opportunity to be the first movers in the segment and learn while they earn!