What We Can Offer You
Any derivative (Futures or Options) where the underlying asset is an exchange rate is called Currency Derivatives. The increase in foreign investment and fluctuation in exchange rate has created a huge market for Currency Trading. These are generally risk management tools in foreign exchange and money market and they offer you with an opportunity to gain profit from the incongruity in the market. Currency Derivatives are widely used by investors to diversify their portfolio. This market has tremendous potential and through proper education and participation it will soon gain momentum. Currency derivatives has also helped importers and exporters to hedge their foreign currency risks.
Immence Holding is a trading cum clearing member of the major exchanges NSE and BSE in the Currency Derivative segment. We provide the trading Platform with real-time streaming quotes and transaction execution at a lightning fast speed.
The best part about trading in currencies is that you don’t need to open a new account or have different funds for this asset class. You can use the margin money and collaterals across Equity, F&O & currencies on the same platform. No separate investment is required for currency trading.
Non-Resident Indian (NRI) means a person resident outside India who is a citizen of India or is a person of Indian origin”[as per FEMA regulations]
Trading in currency derivatives is the most safe & profitable option for investment in India. IMMENCE HOLDINGS provide as the retail forex brokers to our respected clients on a personalized level. Our substantial research based thesis help the clients to choose the right currency to deal with & assist them assure maximum benefit from the investment. Our online brokerage services are bound to provide quick implementation of the trading procedure on behalf of the investors in the simplest manner.
Being the legalize broker for NSEC ,BSEC & MCXC we take a personalized approach to accompany the investors in currency trade to ensure the maximum investment profits with minimum risk. Guiding the investors from the fluctuation in the currency market considering his point of interest is guaranteed through the suggestions made by our proficient research team. Our team of technical analysts ensures continuous safeguarding of the risk of investment in the trade involving currency futures. Thus we are dedicated in providing promising solutions to meet the specific needs of the clients in managing all the aspects of currency trade.
What Are Currency Markets?
Currencies are the money of different countries, and currency trading is the buying and selling of these currencies. There are almost as many different currencies as there are countries, but the most popular currencies for trading are the US Dollar, the Euro, the British Pound (Sterling), and the Japanese Yen. The currency markets are some of the most popular day trading markets, and they therefore have some of the highest volume (number of contracts) and liquidity. This high volume and liquidity makes the currency markets attractive to all types of traders, including individual day traders, trading companies, financial and non financial companies, banks, and governments
Currency futures are futures markets where the underlying commodity is a currency exchange rate, such as the Euro to US Dollar exchange rate, or the British Pound to US Dollar exchange rate. Currency futures are essentially the same as all other futures markets (index and commodity futures markets), and are traded in exactly the same way. Futures based upon currencies are similar to the actual currency markets (often known as Forex), but there are some significant differences. For example, currency futures are traded via exchanges, such as the CME (Chicago Mercantile Exchange), but the currency markets are traded via currency brokers, and are therefore not as controlled as the currency futures. Some day traders prefer the currency markets, and some day traders prefer the currency futures. I recommend the currency futures as they do not suffer from some of the problems that currency markets suffer from, such as currency brokers trading against their clients, and non centralized pricing.