Currency trading
In India currency futures can be traded in popular exchanges like NSE, BSE and MCX. The trader here needs to open a forex trading account with the broker, and trading is done between 9 am and 5 pm.
Benefits
High liquidity – One can trade and make money as the liquidity in the market is high.
Hedging – Is used by lots of business entity to hedge their foreign exchange rate fluctuations.
Arbitrage opportunities – Trader can take advantage of minor differences in the prices among different exchanges.
