Currency Futures Trading | Alfa Financials
Introduction A Currency Futures contract is trading the currencies and selling or buying it in an agreed rate at a future date. Currency futures trading is not a new type of trading. It is the same as other futures trading. Currency futures originated in one of the largest market in the world, the Chicago Mercantile Exchange, in the year 1972. Currency Futures Trading Currency futures trading is one of the standardized trades which occurs in exchange. Based on the volume and speculations, the price of the futures either rise or decrease, the value of futures price changes from the value of futures contract. In Currency futures trading, the popular currency pairs are, EUR/USD (The Euro to US Dollar currency future), GBP/USD (The British Pound), CHF/USD (The Swiss Franc), AUD/USD (The Australian Dollar), CAD/USD (The Canadian Dollar), RP/GBP (The Euro to British pound currency future), RF (The Euro to Franc currency future). These are the popul...