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Indian Multi-Asset Exchange MCX-SX Aims to Bolster FX Volumes - Reduces Commissions
- India’s main currency trading venue, the MCX-SX Stock Exchange, has revised its charging structure for currency derivatives. The firm notified users’ that certain non-USD crosses will be exempt from charges.
by
Adil Siddiqui
RBI Gives Leeway to Foreign Portfolio Investors in a Bid to Bolster Onshore FX Trading
- Indian central bank opens doors for foreign firms hedging in FX derivatives to manage currency risk. Foreign Portfolio Investors were given a $10 million position limit in currency derivatives by the Reserve Bank of India.
by
Adil Siddiqui
Japan’s Osaka Securities Exchange Outlines Finer Details of New Indian Stock Index Contract
- Osaka Securities Exchange, one of Japan's’ largest financial trading venues has confirmed its proposed live date & full contract specifications for the start of its benchmark CNX Nifty Index futures contract.
by
Adil Siddiqui
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