A currency derivative is a contract between the seller and the buyer, whose value is to be derived from the underlying asset, the currency amount. A derivative based on currency exchange rates is a forward contract which stipulates the rate at which a given currency can be exchanged for another currency as at a future date. Currency derivative is extremely beneficial for importers, exporters, currency traders, banks, currency brokers, money changers, arbitrageurs, companies having exposure in foreign currency and investors.

PASSION GROUP is a trading member of NSE and provides trading platform for trading in currency pairs like INR-USD, INR-GBP, INR-EUR and INR-JPY. Few of the salient features of Currency trading are:

   • Small orders can be executed up to 1 contract or 1000 USD without any additional cost

   • Complete Transparency of Quotes, Market Price and Price Discovery

   • Foreign Currency exposure not required to trade in the currency futures

   • Synchronization with International Market

   • Low Margins

   • Large liquid market

PASSION GROUP can enhance your trading experience in Currencies by:

   • Excellent trade execution capabilities on NSE currency exchange.

   • Wide array of customer friendly online trading platforms

   • Dedicated dealing desk for call-n-trade customers

   • Forex research report

   • Forex hedging strategies.