Indian Rupee – Options contracts are a logical extension of the Indian Rupee Futures. The options contracts allow market participants to hedge their Indian Rupee exposures using various option strategies as well as a combination of futures and options.

DGCX is the first exchange offshore to offer an option contracts. Option contracts allow market participants to manage risk through the trading of volatility in the underlying futures contract.

• Hedging window available long after Indian currency markets close
• Arbitrage opportunity with USD-INR options available in offshore
• Two months option contracts are available
• Strikes are available 2.50 Indian Rupees from the at the money strike
• There is no margin applicable to the buyer of an option
• Unique trading opportunity for market participants
• Options are most leveraged of all financial instruments and various strategies can be built to manage risk in the most cost effective manner for example straddles, strangles, ladders and butterflies
• UAE is a Tax Free jurisdiction ensuring no tax liability arising out of accrued profit
• Market hours from 8.30 AM India time till 1.25 AM India time
• Overlaps most trading zones including Europe and United States