Volume : 2, Issue : 5, MAY 2016

MARKET PROGRESS AND TRADING PERFORMANCE OF CURRENCY FUTURES EXCHANGES IN INDIA

Dr. S. Rajamohan, C. Vijayakumar

Abstract

The currency futures trading is themost volatile practice in the world when compare with other trading instrument. This study examines the market performance through the exchange traded volume. In this context, market cannot be performed without the investor contributions. Market performance is reflected by the traded contracts and value of the exchanges although currency market determinants are influencing the market performance such as International and domestic crisis, economic conditions, macro and micro structure system, investor behaviour and so on. This paper focuses on the movement of exchanges undergone since 2008 onwards. Exchange traded currency volume has been considered to analyse so as to data retrieve from the respective Indian currency trading exchanges of BSE,NSE and MSEI. Market turnover data have been analysed through statistical tools such as mean, median, standard deviation and Trend movement.

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References

1. https://www1.nseindia.com/products/content/derivatives/currency/historical_daywise_cd.htm
2. http://www.bseindia.com/markets/currencyDerivatives/CurrDeriArchiveSum.aspx?expandable=4
3. http://www.msei.in/markets/currency/historical-data/daywiseturnoverarchives.aspx
4. http://www.bbc.com/news/business-18201936