DGCX exchange new USD/INR QUANTO futures contract

#1
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.
 
#5
I have account by Interactivebrokers but this exchange isnt available in the moment i have info that this exchange will be ofered by IB but when ? I dont know this person hasnt specify the date. I hope it will be soon. I ask som locals for about 2 years and the commis was huge for trading inverse INR/USD futures was between 5-10 usd per side. You must ask the locals brokers what commis per side with all fees will you offer
trade fee*** 0,04 is waived from exchange to 7.09.2015
Clearing Fee 0,05
SCA Fee 0,03
the broker commisions should be between 0,06-0,10 not more. I wouldnt accept more than 0,22usd per side total with all fees.
http://www.dgcx.ae/index.php/en/partners
 

rpsvinod

Well-Known Member
#6
I have account by Interactivebrokers but this exchange isnt available in the moment i have info that this exchange will be ofered by IB but when ? I dont know this person hasnt specify the date. I hope it will be soon. I ask som locals for about 2 years and the commis was huge for trading inverse INR/USD futures was between 5-10 usd per side. You must ask the locals brokers what commis per side with all fees will you offer
trade fee*** 0,04 is waived from exchange to 7.09.2015
Clearing Fee 0,05
SCA Fee 0,03
the broker commisions should be between 0,06-0,10 not more. I wouldnt accept more than 0,22usd per side total with all fees.
http://www.dgcx.ae/index.php/en/partners
Dear Obelixtrader,

Thanks a lot for ur valuable inputs..try to track..BTW Canu 've idea about forex usual brokerage calculation on EURUSD Currency pairs?

Regards,
VINOD. RPS
 

amsin21

Well-Known Member
#7

amsin21

Well-Known Member
#10

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