Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Any Canadians trade the indian Rupee Currency Future?
I considered it a few years back when SGX started to offering INR futures but it was inverse futures INR/USD. Its liquid volume on 11.3.22 was 55000 contracts commissions is on tiered by IBKR 1,71USD per side tick size 0,01 tick value (2USD). They offer also USD/INR futures 0 liquidity and USD/INR monthly expiry friday volume was 23 contracts. Second exchange is DGCX but its not offered by IBKR they offer mini and micro both inverse and USD/INR quanto futures but volume after time on inverse INR/USD is down daily on current contract is now 10000 contracts on Quanto USD/INR Futures was volume on current march contract friday about 5000 contracts. Most liquid is on SGX exchange and you would need data feed from NSE India USD/INR daily volume is about 3000000 contracts. Trading time is 9:00 a.m. to 5:00 p.m. Mumbai time.Toronto time 10:30PM to 7:30AM
1. data I have used from US based data provider eSignal but they havent provide data from NSE India but from MSE India and was filtered (snapshot data ) and than they increase fees for no-US exchanges and total mothly cost would be 300USD
2. Becose it was Inverse INR/USD
