The Indian Rupee – USD futures contract is part of a key initiative of the DGCX, giving access to currencies that are relevant to the region. India is one of UAE’s largest trade partners and Non Resident Indians (NRIs) contribute over 30% of the total population of the UAE.

India’s economy is one of the fastest growing economies in the world and is consistently ranked highly in terms of GDP growth. The Indian Rupee liquidity pool has attracted the attention of numerous global entities to hedge their Indian Rupee risk offshore. This has enabled the DGCX to become the largest global liquidity pool in Indian Rupee futures and options. The smaller sized contract is aimed at corporations looking at more precise hedging requirements as well as the retail community.

• Tracks and prices the largest global liquidity pool in INR Futures
• Traded and Cash settled in US Dollars (USD) against the RBI reference rate eliminating basis risk
• Tax Free – No transaction Tax and Zero Capital Gains tax
• Basis 200,000 INR contract size, tick size USD $0.2
• Hedging window available long after Indian currency markets close
• Smaller contract size provides the opportunity to hedge for global participants with more precise hedging requirements and exposure to the Indian Rupee
• Unique trading opportunity in the region to participate in global currency markets
• The margin offsets by DCCC for inter-commodity spreads offers greater capital efficiency
• Access to the largest global liquidity pools with narrow spreads

• Traded on a globally recognized, regulated and safe platform permitting greater participation