Forwards vs Futures
Historically forwards have been the prevalent medium used to hedge fx exposure by importers and exporters. To overcome its shortcomings futures were introduced by RBI and SEBI in India.
FORWARDS
FUTURES
Poor rate due to higher profit margins
Better rate due to transparency
Penalty if payment gets cancelled
No penalty
Can't square off premature
Flexible for date of square off
Currency Options available only for Huge Volumes
Currency Options available for any volume
Window Open from 10 a.m. to 4 p.m.
Window Open from 9 a.m. to 5 p.m
Tedious Documentation Process
No Documentation required
Have to maintain higher Margins (Approx 10%)
Have to maintain higher Margins (Approx 3%)
Our Services
(01)
Customized
Fx Strategy For
Every Payment
(02)
A Separate
Whatsapp Group
For Every Client
(03)
A Dedicated
Person For
Any Query
(04)
No
Documentation
Required
(05)
Dedicated
Telephonic
Support
(06)
Assistance In
Maintaining
Transaction
Records
Fees
1,00,000/- for annual turnover
upto 50cr Rs.
0.02% of annual turnover
above 50cr Rs.
"Keeping your position unhedged is like playing a Russian roulette -Raghuran Rajan"
Through our expertise we can help you improve your conversion rate Upto 20 to 30 paisa.
Feel free to schedule an appointment to know more!