DGCX exchange will begin to offer trading on 5 june with new currency futures contract on INR. it will be not inverse INR/USD but standart USD/INR QUANTO futures csh settled contract.
http://www.google.sk/url?sa=t&rct=j...a52vZAns4A42unxypNXP6qg&bvm=bv.93990622,d.bGg
contract size 100 index points
tick size 0,0025 index points
tick value 25 US cents (0,25usd)
that is fntastic news. i fink that traders will stop trading this inverse INR/USD futures and will be trading this USD/INR QUANTO cash settled futures. i hope that interactivebrokers will offer soon trading on DGCX.
http://www.google.sk/url?sa=t&rct=j...a52vZAns4A42unxypNXP6qg&bvm=bv.93990622,d.bGg
contract size 100 index points
tick size 0,0025 index points
tick value 25 US cents (0,25usd)
that is fntastic news. i fink that traders will stop trading this inverse INR/USD futures and will be trading this USD/INR QUANTO cash settled futures. i hope that interactivebrokers will offer soon trading on DGCX.