Trading in Currency Futures with Tradewell enable enables importers, exporters, investors, corporations and banks to hedge their currency risks at low transaction costs and with greater transparency and safety. Due to participation of large number of banks, corporate etc. the desired liquidity will be created. Further, counterparty risk is eliminated as the exchange (MCS-SX) itself provides the settlement guarantee for all the transactions. Besides large users, our system will benefits small and medium enterprises (SMEs) and resident Indians, who hitherto did not have easy access to and better bargaining power in the currency market.
Tradewell offers currency derivatives segment which is an India-wide electronic platform for trading in currency futures under the regulatory control of Exchange (MCS-SX) which in turn is under the regulatory control of Securities and Exchange Board of India (SEBI) and Reserve Bank of India (RBI).
Benefits for the corporate participating in Currency Futures through Tradewell.
- Margins are very less & Standardized - 4% to 6% only
- One can Trade Online from there Desk Top computer
- Facilitates for hedging against fluctuations in currency prices
- Exposure is allowed up to $10 Million or 6% of the Market Open Interest.
- No limit on Intra-day trading.
- No Major documentation process- Just KYC application is required
- Price Transparency
