Exchange-traded rupee futures contract to launch
NEWS
The electronic commodities exchange developed the product over the past nine months in response to a substantial move in the rupee and demand from its members, according to Colin Griffith, DGCX chairman.
"The DGCX Indian rupee contract will, for the first time in history, [allow] individuals and companies the opportunity to hedge and trade their risk on the transparent and equal basis that an exchange provides," said Griffith.
The DGCX will list one-, two- and three-month contracts, in addition
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