Current market scenario of currency market in Ahmedabad city

Derivatives markets are one of the most important classes of financial instruments that are central to today's financial and trade markets. They offer various types of risk protection and allow innovative investment strategies. In India the derivatives market was small and domestic just a few years back. Since then it has grown impressively and had reached to a sizable position. The Currency derivatives market is growing at a fast pace and providing all different investing horizons to the investors like Hedging, Speculation, Arbitrage, Investment. However, larger traders still dealt in the OTC even when the exchange traded currency future was available in markets. The research found that lack of knowledge of derivative especially currency future, did not gain its pace. If the currency future is encouraged, the exchange between USD-INR markets in India is huge and these exchange traded contract will give more awareness in market and attract the investors.