From WSJ: India’s young currency futures markets are showing signs of promise, prompting some players to demand even more tools and leeway to hedge against foreign currency risk.
These constituencies argue that the central bank must permit a broader range of investors to participate in futures trading — and additional types of contracts to be traded — if India’s corporate sector is to truly prosper. There’s a growing drumbeat of support for the re-introduction of interest rate futures….. Full Article: Source
