Currency Derivatives

The forex market is the largest and most liquid of the financial markets. Daily turnover in currency derivative exceeds $4 trillion USD a day. The forex market offers unmatched potential for profitable trading in any market condition. It helps all sorts of people like importers and exporters, companies, multinational corporations, governments etc, by hedging their risk against exchange rate risk. In India the Foreign Exchange Management Act or FEMA is regulating the forex trading.