Currency Derivatives Segment

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LKP Securities Limited introduces Currency Futures Trading on the NSE and MCX-SX. LKP undertakes Currency trading in four pairs: USD/INR, EUR/INR, GBP/INR & JPY/INR. We are also offering Currency Options in the USD/INR pair on the NSE. Trading in Currency Futures and Options is regulated by RBI and SEBI jointly. Any resident Indian, individual, bank or corporation is allowed to participate. However, as of now, FIIs and NRIs are not permitted to trade.
Exchange traded future contracts are favored over OTC markets because there is greater Price Transparency for Buying and Selling Price as well Real-time price access made available from any location in India on internet. As compared to OTC markets, very low margins are required and a higher leverage provided. Exchange traded future contracts are in standard contract values for better trading terms, and with a fixed minimum tradable quantity of $1000, allowing investors of all sizes, small or large, to participate. Thanks to the greater participation of all types of traders, liquidity is much higher, at about 45, 000 crore rupees per day.
Trade Confirmation will be provided through Electronic Trade Platform and E-contract distributed by LKP. Counter Party risk and default is eliminated completely with the presence of Clearing Corporation. Daily Mark To Market settlement offers the benefit of greater transparency and a more efficient accounting policy. Benefit of extended market hours, from 9am to 5pm, giving rise to increased trading opportunities. Another benefit of Currency Derivatives over Equities or commodities is that there no Exchange charges or STT charges as of now.

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Edelweiss Broking Limited

Nariman Point, Coimbatore, Tamil Nadu
GST- 33AABCE9421H1ZV
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Product Description

LKP Securities Limited introduces Currency Futures Trading on the NSE and MCX-SX. LKP undertakes Currency trading in four pairs: USD/INR, EUR/INR, GBP/INR & JPY/INR. We are also offering Currency Options in the USD/INR pair on the NSE. Trading in Currency Futures and Options is regulated by RBI and SEBI jointly. Any resident Indian, individual, bank or corporation is allowed to participate. However, as of now, FIIs and NRIs are not permitted to trade.

Exchange traded future contracts are favored over OTC markets because there is greater Price Transparency for Buying and Selling Price as well Real-time price access made available from any location in India on internet. As compared to OTC markets, very low margins are required and a higher leverage provided. Exchange traded future contracts are in standard contract values for better trading terms, and with a fixed minimum tradable quantity of $1000, allowing investors of all sizes, small or large, to participate. Thanks to the greater participation of all types of traders, liquidity is much higher, at about 45,000 crore rupees per day.

Trade Confirmation will be provided through Electronic Trade Platform and E-contract distributed by LKP. Counter Party risk and default is eliminated completely with the presence of Clearing Corporation. Daily Mark To Market settlement offers the benefit of greater transparency and a more efficient accounting policy. Benefit of extended market hours, from 9am to 5pm, giving rise to increased trading opportunities. Another benefit of Currency Derivatives over Equities or commodities is that there no Exchange charges or STT charges as of now.


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Currency Derivatives Segment

About the Company

Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Nature of BusinessService Provider
Annual TurnoverRs. 100 - 500 Crore
IndiaMART Member SinceOct 2014
GST33AABCE9421H1ZV

What started as one of India's first securities brokerage houses in 1948 is today one of the country's largest multi dimensional financial services group. LKP Finance Limited is a Non Banking Finance Company (NBFC) registered with Reserve Bank of India & a listed public limited company having a networth of Rs.158 crores as on FY14.

We are India's first financial group to be awarded the prestigious ISO 9002 certified KPMG Quality Registrar, USA, for certain businesses.

Since 1948, LKP continues to provide clients with a single source capable of meeting all their needs – be it Equities markets, Debt markets, Corporate Finance, Investment Banking, Merchant Banking, Wealth Management or Commodities.

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Venkitesh

No. 41 A, 2nd Floor, West Lokmanya Street
Nariman Point
Coimbatore - 641002, Tamil Nadu, India

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