Alright...I have an answer to this question :
"How can an Indian Resident Citizen trade US/UK/International Index/Stock Futures, the Legal Way?"
I have been digging on the issue for quite a long time now. Talking to people, reading circulars of RBI, talking to brokers and what not. Finally, today I have definite answer to this question above. All the hard work, time , effort, pain and agony has yielded results. And trust me, I am not fooling around here on a public forum. What I am saying has 100% credibility in it and I will tell you a definite way to confirm it yourself.
But, I am not gonna disclose it publicaly so easily. So, what do i want in return? Nothing, but genuine interest from people around.
So here is what I am gonna do:
I am gonna wait for the fellow traders to respond to this post and answer this:
1) What do they know about the entire thing already?
2)Do they want to know the answer? What is the reason?
3)Whom all have you talked to about this to get definite answers?
All what i am tying to do here is to see if there are genuine interested traders. to whom i can pass this information to. It is not like a treasure that i have found and keeping it a secret. Anybody who does the hard work will find the same answers as I have got.
I just dont want to disclose it just like that for everyone. In any case, the real serious people will get answers from me. Either through this thread or by emails.If I dont get some serious good response to this thread, I will not disclose the answers here(but would definitely tell traders personally).
Best Regards
Ankit
"How can an Indian Resident Citizen trade US/UK/International Index/Stock Futures, the Legal Way?"
I have been digging on the issue for quite a long time now. Talking to people, reading circulars of RBI, talking to brokers and what not. Finally, today I have definite answer to this question above. All the hard work, time , effort, pain and agony has yielded results. And trust me, I am not fooling around here on a public forum. What I am saying has 100% credibility in it and I will tell you a definite way to confirm it yourself.
But, I am not gonna disclose it publicaly so easily. So, what do i want in return? Nothing, but genuine interest from people around.
So here is what I am gonna do:
I am gonna wait for the fellow traders to respond to this post and answer this:
1) What do they know about the entire thing already?
2)Do they want to know the answer? What is the reason?
3)Whom all have you talked to about this to get definite answers?
All what i am tying to do here is to see if there are genuine interested traders. to whom i can pass this information to. It is not like a treasure that i have found and keeping it a secret. Anybody who does the hard work will find the same answers as I have got.
I just dont want to disclose it just like that for everyone. In any case, the real serious people will get answers from me. Either through this thread or by emails.If I dont get some serious good response to this thread, I will not disclose the answers here(but would definitely tell traders personally).
Best Regards
Ankit