Uncertain futures

Regulators in India have given approval for rupee futures, which are expected to launch this year. William Rhode examines the benefits of such instruments and the challenges the authorities will face once the contracts go live

p23-stockexchangeindia-jpg

India looks set to introduce exchange-traded currency derivatives this year, perhaps by October, which would represent an important development for the subcontinent's onshore derivatives market. But certain issues are still to be ironed out by the regulators.

A committee set up by the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - which advises on operational aspects for trading of currency futures on exchanges - formally recommended the introduction of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here