Instruments

Options

Many people think of the stock market when they think of options. However, the foreign exchange market also offers the opportunity to trade these unique derivatives. Options give retail traders many opportunities to limit risk and increase profit. In finance, a foreign exchange option (commonly shortened to just FX option or currency option) is a derivative financial instrument that gives the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.

DGCX offers Options on INR Futures. Options on INR futures open the door to a host of versatile trading strategies; by using options alone, or in combination with INR futures, strategies can be found to cover multiple risk profiles and time horizons. Because the underlying instrument of the options contract is a futures contract, market participants can use options to protect themselves against volatile swings in INR futures prices, just as futures can be used to protect against volatile move in the price of the underlying INR spot market. Trades with options are cleared via Dubai Commodity Clearing Corporation (DCCC).

MetaTrader 5

Contract Name Contract Code Currency
Indian Rupee Option DINRO USD

Risk Warning: Trading in leverage products carries a high level of risk and may not be suitable for all investors. Past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested. All opinions, news, analysis, prices or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation to buy or sell any financial instruments or other financial products or services.

Legal: GULF BROKERS DMCC is a limited liability company incorporated and licensed under the laws of the Dubai Multi Commodities Centre (“DMCC”)to carry out certain categories of financial investment business as permitted under Licence No. DMCC- 30636, broker member of the Dubai Gold & Commodities Exchange (“DGCX”) under Member No 554 and regulated broker by the Securities & Commodities Authority (“SCA”) Licence No. 607110.

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