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Alpari India recently announced that it is now offering Currency Derivatives trading through the three main exchanges: NSE, MCX-SX and USE.
This announcement was made after Alpari India had a successful license acquisition from SEBI (Securities & Exchange Board of India).
From Alpari.co.in:
The launch of this new product was announced to over 50 journalists from the leading regional, national and financial press and TV media at a prestigious event on June 10th, hosted by Alpari India on the first anniversary of its office opening in Mumbai.
With the launch of Exchange-Traded Currency Derivatives in India, we are reinforcing our commitment to our clients and to the long-term growth of the Indian financial market.
As part of Alpari (UK), Alpari India intends to continue to play a significant role in the development of the local currency markets using the company’s global expertise to provide low cost trading, comprehensive market research tools, trader-friendly educational programmes and excellent customer service.
Now, clients of Alpari India can trade in USD/INR, GBP/INR, EUR/INR, and JPY/INR currency pairs directly on the exchanges’ platforms and benefit from low commissions; Alpari clients will also be benefiting from low margins in this transparent market.
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Alpari India had made a
Alpari India had made a successful license acquisition from SEBI (Securities & Exchange Board of India) and this will surely give the Indian investors a chance to be in the same league as their western counterparts.