Tag Archives: jignesh shah

RBI Gives Leeway to Foreign Portfolio Investors in a Bid to Bolster Onshore FX Trading


Indian central bank opens doors for foreign firms hedging in FX derivatives to manage currency risk. Foreign Portfolio Investors were given a $10 million position limit in currency derivatives by the Reserve Bank of India.
Read more

TAGS: , , , , , ,

FX Volumes at Bombay Stock Exchange Surpass $1 Billion Since Launch


India’s fourth currency derivatives trading venue has reported strong metrics since inception. Mumbai based Bombay Stock Exchange has seen trading activity spike with volumes passing INR10,000 crore or $1.6 billion.
Read more

TAGS: , , , , , , , , , , ,

Indian Commodity Exchange NSEL Suspends Trading after Government Investigation


India’s largest spot exchange, the National Spot Exchange, halts trading after the exchange comes under government investigation for short selling, as a result shares in Financial Technologies slump 64%.
Read more

TAGS: , , , , , , ,

Mauritian Based GBOT Exchange to Launch CFDs


Global Board of Trade, an international multi‐asset bourse from Mauritius has successfully launched Contracts for Difference (CFDs). The launch of CFDs on GBOT makes it the 1st exchange in Africa and 2nd in the world to introduce CFDs. GBOT CFDs …
Read more


MCX-SX Day 1 – $127,000 Value of Trades.. & Counting


India’s newest stock exchange got off to a modest start as it battles against giants NSE & BSE. The stock exchange which undertook a tough time getting approval started live trading today and got off to a reasonable start, a …
Read more

TAGS: , ,

3’s A Crowd! India Welcomes its Third Stock Exchange


If the launch of new trading venues in one of the largest global recessions of all time isn’t a sign from above then investors will be biting their nails with what’s yet to come. India is pleased to welcome its …
Read more

TAGS: , , , , , , , ,

MCX gets extention in currency futures from SEBI


The Securities and Exchange Board of India (Sebi) late on Wednesday approved the application for renewal of registration for currency futures trading of MCX Stock Exchange (MCX-SX). The approval comes a day after Sebi issued a showcause notice to the exchange asking the bourse to explain why its application for renewal of registration for currency futures trading should not be rejected.
Read more

TAGS: , , , , , , , , , , , ,

Note: Copyright © 2014 Forex Magnates. All rights reserved.

All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Forex Magnates. You may not alter or remove any trademark, copyright or other notice from copies of the content. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at Forex Magnates are those of the individual authors and do not necessarily represent the opinion of Forex Magnates or its management. Forex Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by Forex Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Forex Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2014 "Forex Magnates Inc. - Home of the Forex Elite" All Rights Reserved.