Where does the actual USD INR exchange happens?

#2
No you cant. You need access to banks that offer trading spot USDINR. I find that Kinetick offer data feed from USDINR spot from 5 Banks
USDINR.ABBA ABBA USD INR Spot TENFORE FOREX
USDINR.BNPF BNPF USD INR Spot TENFORE FOREX
USDINR.DRES DRES USD INR Spot TENFORE FOREX
USDINR.MORN MORN USD INR Spot TENFORE FOREX
USDINR.RADA RADA USD INR Spot TENFORE FOREX
all trades from this banks
than you must use
USDINR.COMP COMP USD INR Spot TENFORE FOREX
 

vagar11

Well-Known Member
#3
No you cant. You need access to banks that offer trading spot USDINR. I find that Kinetick offer data feed from USDINR spot from 5 Banks
USDINR.ABBA ABBA USD INR Spot TENFORE FOREX
USDINR.BNPF BNPF USD INR Spot TENFORE FOREX
USDINR.DRES DRES USD INR Spot TENFORE FOREX
USDINR.MORN MORN USD INR Spot TENFORE FOREX
USDINR.RADA RADA USD INR Spot TENFORE FOREX
all trades from this banks
than you must use
USDINR.COMP COMP USD INR Spot TENFORE FOREX
It looks like more people are trading in derivatives rather than spot.

If the derivatives market is big, is it possible that trades in derivatives will affect the underlying price ?