All Resident Indians as
defined in section 2(v) of the Foreign Exchange Management Act, 1999 (FEMA, Act
42 of 1999) are eligible to trade in the Currency Derivatives segment. For
participation by regulated entities, concurrence from respective regulators
should be obtained. Currently, trading facility in Currency Futures at I-Sec
will be offered to all Resident Individuals / HUFs / eligible Corporates
fulfilling the FEMA criteria.
