CURRENCY OPTIONS

Currency Options are financial contracts in which the buyers have the right, but not the obligation to buy or sell the underlying at a pre-determined price on the pre-determined future date. There are two types of options – Call or Put.

 

Call options provide the holder the right (but not the obligation) to purchase a certain currency pair at a specified price (the strike price), for a certain period of time.

 

Put options give the holder the right to sell a certain currency pair at a specified strike price. The seller (or writer) of the put option is obligated to buy the stock at the strike price.

 

Currency options Trading is also a very effective tool as it provides better strategic investment opportunities. Online currency trading provides an opportunity to trade in currency options and strategize your currency trading in India more effectively.

Offerings

Choose from the existing currency pairs available under currency options trading segment to hedge or speculate against price fluctuation of other base currency.

USD-INR Popular currency pair monitored by RBI, resulting in a managed floating rate.

EUR-INR Exotic currency pair having a market determined or floating exchange rate.

GBP-INR Second most popular currency contract with a market determined or floating exchange rate.

JPY-INR Pair with a larger lot size as compared to the other currency contracts.

Book
To trade in currency options
Click Here

How to Trade?

With HDFC securities’ multi-trading platforms, you can conduct Currency Trading in India from your comfort zone using any of our online or offline channels.

  1. Internet Trading System: Now place instant trades in currency futures by using our mPowered trading platform - an easy to navigate and speedy transactional channel.
  2. Mobile App: Currency Futures Trading is now easier and quicker with our Mobile Trading App on your Android, iPhone or iPad. Give a miss call on on 08010945114 to download the app.
  3. Call N Trade: Never miss out on currency futures trading opportunities. Call ‘N’ Trade using our Centralised Dealing Desk, call 33553366 (Prefix STD Code) and speak to our trained telebroking executives to place your order at no extra cost.
  4. In store: Click here to find our nearest branch.

Open Account Now