Currency derivatives futures and options
Currency Futures and Options Currency Futures and Currency Options refer to a standardized foreign exchange contract traded on a recognized stock exchange. ICICI Bank offers trading facility on both Futures and Options through the electronic trading platform. Currency derivatives are exchange-based futures and options contracts that allow one to hedge against currency movements. Simply put, one can use a currency future contract to exchange one currency for an another at a future date at a price decided on the day of the purchase of the contract. Many types of derivatives are available for trading, and a futures contract is one example. Other types of derivatives include options, swaps, forwards, warrants and convertible securities. The difference between derivatives and shares is that shares are priced due to supply and demand,