Trusted By

7000+ User

Monday to Friday

9:00 AM to 8:00 PM

Currency Derivative Trading

Currency Derivative Trading

Another important segment is currency derivative. The exchange rates keep fluctuating on daily basis and it also effects the stock markets as much as the export and import bills of importers and exporters. With FII’s holding a large chunk of equity in our markets their portfolio values in dollar terms also gets effected with any substantial change in foreign currency rates.

Hence Currency derivatives are an important hedging tool for all those who are involved in imports or exports and FIIs One can buy or sell currency under future contracts which are available for one to three months.

The margin system and payment of mark to market loss/profits are on daily basis and is similar to the Equity derivative segment.  

 

 

 

 

Attention Investors:

      KYC is a one time exercise while dealing in securities market once KYC is done through a SEBI registered intermediary (Broker, DP Mutual Fund etc.), you need not undergo the same process again when you approach another intermediay.       Prevent unauthorized transaction in your Trading & Demat account- Update your Mobile Number/ email IDs with your Stock Broker & Depository Participant. Receive alerts on your registered Mobile for all debit and other important transaction for your Trading/ Demat account directly from Exchange/ NSDL at the end of the day- “issued in the interest of Investors.”      “Investors are requested to note that Stock Broker Composite Securities Ltd is permitted to receive pay money from/to investor through designated banks accounts only named as Composite Securities Ltd A/C USCNB. It is also required to disclose these client bank accounts to Stock Exchanges. Hence, you are requested to use above bank account only for the purpose of depositing any money for your trading account with us. Kindly make your remittances only through NEFT/RTGS before 6 PM. Kindly do not make any remittances after 6PM.The details of these client bank accounts are also displayed by Stock Exchanges on their Website under “Know/Locate your Stock Broker”       Stock Brokers can accept securities as margin from clients only by way of Pledge in the depository system w.e.f. September 1, 2020.       “Check your Securities/MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.”