Mid-tier clients pile into rupee options

At launch last July, the market was effectively limited to the ‘big names’, which were already using options in other currencies, said a Mumbai-based official at an international investment bank. "But the knowledge has slowly percolated down, and even the mid-tier companies are using them now."

Harinder Singh, head of derivatives sales for India at Standard Chartered in Mumbai, said that over time, more companies have become comfortable with options. "Middle-market customers who have

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: