1771377891 rbi.jpg

24-hour trades, hedging tools: RBI to rejig forex market rules

MUMBAI: Increased opportunities to hedge foreign exchange risk and longer trading hours are at the heart of a proposed overhaul by RBI to liberalise access to currency markets.The draft framework broadens the different types of derivatives that banks (authorised dealers) may offer to individuals and firms, extending hedging tools for currency and interest-rate exposures. Trades…

Read More
1767877118 unnamed file.jpg

Gas market push: NSE in talks with IGX to launch Indian natural gas futures; aim to deepen price discovery and hedging

The National Stock Exchange (NSE) is in discussions with the Indian Gas Exchange (IGX) to develop and launch Indian natural gas futures, an initiative aimed at strengthening the country’s natural gas market ecosystem, PTI reported.The proposed futures contract is expected to provide market participants with a transparent, efficient and robust risk management tool aligned with…

Read More