We are registered members for currency broking with NSE (National Stock Exchange) and MCX-SX (Multi Commodity Exchange of India Ltd).
Here are some key points and considerations regarding currency broking in India:
Market Evolution: The currency futures market in India started in 2008-2009, and currency options were introduced in 2010-2011. This relatively new market has seen steady growth and is an integral part of India’s financial landscape.
Potential: Currency derivatives offer a significant potential for growth in India. They provide a way to hedge currency risk and speculate on currency movements.
Market Participants: Market participation has been gradually increasing, with a mix of speculators, hedgers, and arbitrageurs.
Education and Information: At Ajcon, we emphasis on disseminating education and information to help you to understand the risks and rewards of currency trading.
Regulatory Environment: The currency derivatives market in India is regulated by SEBI (Securities and Exchange Board of India), and regulatory changes can have a significant impact on market dynamics.
Risk Management: As currency derivatives inherently involve risk, it’s important for market participants to have robust risk management strategies in place. This includes setting stop-loss orders, using appropriate position sizing, and staying informed about global economic events that can affect currency markets.
Technological Infrastructure: As a must, we have a robust and reliable technological infrastructure to execute trades efficiently viz high-speed internet connections, advanced trading platforms, and cybersecurity measures etc.
Customer Support: We provide excellent customer support and build trust by our exemplary services. We have responsive customer service teams that can address queries and concerns promptly.
Market Analysis: Regularly analyzing and sharing market insights and trends helps our clients make informed decisions. Currency markets are influenced by a wide range of factors, including economic data, geopolitical events, and central bank policies.
Compliance: Compliance with regulations, including anti-money laundering (AML) and know-your-customer (KYC) procedures, is of utmost importance.
Staying informed, staying compliant, and offering personalized one on one services to our clients makes us a preferred broker.
Year | No. of contracts | Turnover (Rs. In Crores) | Average Daily Turnover (Rs. In Crores) |
2015-2016 | 46,36,59,568 | 30,64,296.89 | 16,929.82 |
2014-2015 | 48,06,64,694 | 30,23,907.67 | 12,705.49 |
2013-2014 | 66,01,92,530 | 40,12,513.45 | 16,444.73 |
2012-2013 | 95,92,43,448 | 52,74,464.65 | 21,705.62 |
2011-2012 | 97,33,44,132 | 46,74,989.91 | 19,479.12 |
2010-2011 | 74,96,02,075 | 34,49,787.72 | 13,854.57 |
2009-2010 | 37,86,06,983 | 17,82,608.04 | 7,427.53 |
2008-2009 | 3,26,72,768 | 1,62,272.43 | 1,167.43 |
SOURCE: NSE http://www.nseindia.com/products/content/derivatives/currency/cd_historical_businessGrowth.htm |
FOR AVAILING OUR SERVICES FOR CURRENCY BROKING PLEASE CONNECT WITH US ON retailhead@ajcon.net OUR REPRESENTATIVE SHALL GET IN TOUCH WITH YOU”!!!
AJCON GLOBAL SERVICES LTD.
CIN No. : L74140MH1986PLC041941
GST No. : 27AABCA1950B1ZA
Chairman & Managing Director – Dr. Ashok Ajmera
Company Secretary &
Compliance Officer – Mr. Kaushal Shukla
Whole Time Director – Mr. Ankit Ajmera
Whole Time Director – Mr. Anuj Ajmera
Chief Financial Officer – Mr. Ankit Ajmera
Compliance Officer – Mr. Ankit Ajmera
Chief Information Security Officer – Mr. Anuj Ajmera
Registered office : 408, Express Zone, A – Wing, Cello–Sonal Realty, Western Express Highway,Goregaon (East), Mumbai – 400063. Contact : 022 – 67160400 Fax : 022 – 8722061 Email: ajcon@ajcon.net
NATIONAL STOCK EXCHANGE OF INDIA LTD. – MEMBER ID : 06376
Single SEBI Registration : INZ000173933
BSE LTD. (BSE) MEMBER ID : 06173
Single SEBI Registration : INZ000173933
CENTRAL DEPOSITORY SERVICES (INDIA) LIMITED (CDSL)
IN-DP-225-2016 – DATED : 08.03.2016 – DP ID – 12045700
MERCHANT BANKING – INM000011864
RESEARCH ANALYST – INH000001170
AJCON FINANCE LTD.
RBI REGISTERED NON DEPOSIT TAKING NBFC
Registration No. : B-13.00053
AJCON EDUFIN PRIVATE LTD.
AMFI– ARN : 25538
Distribution of Mutual Funds
HEARTBEAT ADVISORS P LTD.
Distribution of Home Loans
FINCRIME EXPERT.COM
Training in Financial Crime
Please note as per instructions from SEBI.
It is mandatory to update your
“Name, Address, PAN, Mobile No. Email ID & Income Range “with your broker before 30th September, 2021. In order to continue enjoying services in your
DEMAT & TRADING A/cs.
408, Express Zone, A – Wing,
Cello–Sonal Realty,
Western Express Highway,
Goregaon (East), Mumbai – 400063.
Call : 022 – 67160400
Email : ajcon@ajcon.net
Feel free to contact us, our executive will get in contact with you.
Segregation and Monitoring of Collateral at Client Level
This is with reference to NCL circulars NCL/CMPL/49348 dated August 20, 2021, NCL/CMPL/49640 dated September 17, 2021 and NCL/CMPL/49764 dated September 29, 2021 on the captioned subject
Ajcon Global 2021 By DigiTalks
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