Has anybody tried trading on the recently launched BFX USDINR Index Futures? This is launched by Bahrain Financial Exchange (www.bfx.bh). It seems to offer a unique way of trading on the Us dollar versus the Indian Rupee currency, since the contract is traded like an index with a direct calculation and settlement in US dollars. I heard the volume has increased substantially due to excellent participation by brokers and traders in Middle East.
Trading on BFX USDINR Index Futures
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