Currency Futures

The course Currency Futures offered by BSE is aimed at providing students with deep knowledge as well as functioning of the currency futures. Also to learn about the trading platform of the currency derivatives segment of a Stock exchange. Course highlights;
1. Concept of Risk management
2. Types of traders in the derivatives markets
3. Exchange rate; Fixed as well as floating exchange rate regime
4. Factors affecting exchange rates
5. Concept of quotes
6. Spot transaction as well as forward transaction
7. Forward contracts
8. Futures contracts
9. Pricing of futures contracts
10. Hedging
11. Speculation
12. Arbitrage in currency futures
13. Product definition
14. Trading underlying versus trading futures
15. Uses of currency futures at NSE
16. Future contract specifications
17. Basis of trading
18. Trading system
19. The trader workstation
20. Client-Broker relationship in derivatives segment
21. Clearing Position limits
22. Margins
23. Settlement of contracts