How You Make Money in FOREX

In the forex market, you buy or sell currencies.

Placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found in other markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly.

The object of forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.

Example:

Trader’s Action	EUR	USD
You purchase 10,000 euros at the EUR/USD exchange rate of1.1800	+10,000	-11,800*
Two weeks later, you exchange your 10,000 euros back into U.S. dollar at the exchange rate of 1.2500	-10,000	+12,500**
You earn a profit of $700	0	+700

*EUR 10,000 x 1.18 = US $11,800

** EUR 10,000 x 1.25 = US $12,500

An exchange rate is simply the ratio of one currency valued against another currency. For example, the USD/CHF exchange rate indicates how many U.S. dollars can purchase one Swiss franc, or how many Swiss francs you need to buy one U.S. dollar.

How to Read a Forex Quote

Currencies are always quoted in pairs, such as GBP/USD or USD/JPY. The reason they are quoted in pairs is because in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Here is an example of a foreign exchange rate for the British pound versus the U.S. dollar:

The first listed currency to the left of the slash (“/”) is known as the base currency (in this example, the British pound), while the second one on the right is called the counter or quote currency (in this example, the U.S. dollar).

When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy one unit of the base currency. In the example above, you have to pay 1.51258 U.S. dollars to buy 1 British pound.

When selling, the exchange rate tells you how many units of the quote currency you get for selling one unit of the base currency. In the example above, you will receive 1.51258 U.S. dollars when you sell 1 British pound.

The base currency is the “basis” for the buy or the sell. If you buy EUR/USD this simply means that you are buying the base currency and simultaneously selling the quote currency. In caveman talk, “buy EUR, sell USD.”

You would buy the pair if you believe the base currency will appreciate (gain value) relative to the quote currency. You would sell the pair if you think the base currency will depreciate (lose value) relative to the quote currency.

Long/Short

First, you should determine whether you want to buy or sell.

If you want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then you would sell it back at a higher price. In trader’s talk, this is called “going long” or taking a “long position.” Just remember: long = buy.

If you want to sell (which actually means sell the base currency and buy the quote currency), you want the base currency to fall in value and then you would buy it back at a lower price. This is called “going short” or taking a “short position”. Just remember: short = sell.

“I’m long AND short.”

Bid/Ask

“How come I keep getting quoted with two prices?”

All forex quotes are quoted with two prices: the bid and ask. For the most part, the bid is lower than the ask price.

The bid is the price at which your broker is willing to buy the base currency in exchange for the quote currency. This means the bid is the best available price at which you (the trader) will sell to the market.

The ask is the price at which your broker will sell the base currency in exchange for the quote currency. This means the ask price is the best available price at which you will buy from the market. Another word for ask is the offer price.

The difference between the bid and the ask price is popularly known as the spread.

On the EUR/USD quote above, the bid price is 1.34568 and the ask price is 1.34588. Look at how this broker makes it so easy for you to trade away your money.

If you want to sell EUR, you click “Sell” and you will sell euros at 1.34568. If you want to buy EUR, you click “Buy” and you will buy euros at 1.34588.

Legal & Best Way to Trade in Currencies in India

 RBI + SEBI provided you a platform.

• RBI ( Reserve bank of India) & SEBI ( Security Exchange Board of India) has brought out the mechanism where you can traded in the 4 currencies. 
• Along with shareholders they started a new stock exchange named MCX Stock Exchange (MCX-SX)  started there operations in Oct – 2008 with only one currency pair i.e USDINR & then onward it has came up with other currencies i.e. EURINR, GBPINR, JPYINR.
• Only in these 4 currencies you can trade legally.

How to Start? 

•  Start you currency trading account from recommended share broker, like – (SMC, Angle broking,   Nirmal Bang, etc.)
• Please verify their registration with SEBI before you start your investment. Because if this brokers are not registered then there are highly changes of scam. 

          Understand the Brokerage charges 

• It is must to understand the brokerage charges & how the currency future works?
• Because all broker schemes looks lucrative but in reality it does not?
• If possible get the previous traded data from there client & understand how the trading charges are divided (Actual + other Taxes)

         Be with yourself when  you start?

• One of the common mistake that we do is we start trading for some-one else
• As your close friend asked you to start with or your Investor suggest this is the best tool to start with & you started. 
• Money doesn’t come like this -> You need to give your time & efforts to make it work for you
• Are you really ready for it? Please Ask Ask Ask yourself before making this decision?
• As no doubt this opportunity has huge potential but only when you have guts to stick on your decision?

·       

I am available 24 hours for you.

                  I am spreading this stuff just to spread the common information to the people of whole world. I dont have any hiden interest . I don't accept investments from anyone. So PLEASE DON'T TRY SUCH THINGS FURTHER .  The only boosting thing for me for doing this is that There was no one to teach me or give me the information regarding trading.

                  Interested people may open DMAT account anywhere / with any  broker , can read stuff from this site and learn how to trade.
                 If still you are not able to make money then I am available 24 hours for you.      
                  

Why Trade Forex ?

Advantages of Forex

There are many benefits and advantages of trading forex. Here are just a few reasons why so many people are choosing this market:

No commissions

No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail brokers are compensated for their services through something called the " Bid-Ask spread".

No middlemen

Spot currency trading eliminates the middlemen and allows you to trade directly with the market responsible for the pricing on a particular currency pair.

No fixed lot size

In the futures markets, lot or contract sizes are determined by the exchanges. A standard-size contract for silver futures is 5,000 ounces. In spot forex, you determine your own lot,  or position size . This allows traders to participate with accounts as small as $25 (although we’ll explain later why a $25 account is a bad idea).

Low transaction costs

The retail transaction cost (the bid/ask spread) is typically less than 0.1% under normal market conditions. At larger dealers, the spread could be as low as 0.07%. Of course this depends on your leverage and all will be explained later.

A 24-hour market

There is no waiting for the opening bell. From the Monday morning opening in Australia to the afternoon close in New York, the forex market never sleeps. This is awesome for those who want to trade on a part-time basis, because you can choose when you want to trade: morning, noon, night, during breakfast, or in your sleep.

No one can corner the market

The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank or the mighty Chuck Norris himself) can control the market price for an extended period of time.

Leverage

In forex trading, a small deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum.

For example, a forex broker may offer 50-to-1 leverage, which means that a $50 dollar margin deposit would enable a trader to buy or sell $2,500 worth of currencies. Similarly, with $500 dollars, one could trade with $25,000 dollars and so on. While this is all gravy, let’s remember that leverage is a double-edged sword. Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

High Liquidity.

Because the forex market is so enormous, it is also extremely liquid. This means that under normal market conditions, with a click of a mouse you can instantaneously buy and sell at will as there will usually be someone in the market willing to take the other side of your trade. You are never “stuck” in a trade. You can even set your online trading platform to automatically close your position once your desired profit level (a limit order) has been reached, and/or close a trade if a trade is going against you (a stop loss order).

Low Barriers to Entry

You would think that getting started as a currency trader would cost a ton of money. The fact is, when compared to trading stocks, options or futures, it doesn’t. Online forex brokers offer “mini” and “micro” trading accounts, some with a minimum account deposit of $25.

We’re not saying you should open an account with the bare minimum, but it does make forex trading much more accessible to the average individual who doesn’t have a lot of start-up trading capital.

Forex Market Structure

For the sake of comparison, let us first examine a market that you are probably very familiar with: the stock market. This is how the structure of the stock market looks like:

“I have no choice but to go through a centralized exchange!”

By its very nature, the stock market tends to be very monopolistic. There is only one entity, one specialist that controls prices. All trades must go through this specialist. Because of this, prices can easily be altered to benefit the specialist, and not traders.

How does this happen?

In the stock market, the specialist is forced to fulfill the order of its clients. Now, let’s say the number of sellers suddenly exceed the number of buyers. The specialist, which is forced to fulfill the order of its clients, the sellers in this case, is left with a bunch of stock that he cannot sell-off to the buyer side.

In order to prevent this from happening, the specialist will simply widen the spreads or increase the transaction cost to prevent sellers from entering the market. In other words, the specialists can manipulate the quotes it is offering to accommodate its needs.

Trading Spot FX is Decentralized

Unlike in trading stocks or futures, you don’t need to go through a centralized exchange like the New York Stock Exchange with just one price. In the forex market, there is no single price that for a given currency at any time, which means quotes from different currency dealers vary.

“So many choices! Awesome!”

This might be overwhelming at first, but this is what makes the forex market so freakin’ awesome! The market is so huge and the competition between dealers is so fierce that you get the best deal almost every single time. And tell me, who does not want that?

Also, one cool thing about forex trading is that you can do it anywhere. It’s just like trading baseball cards. You want that mint condition Mickey Mantle rookie card, so it is up to you to find the best deal out there. Your colleague might give up his Mickey Mantle card for just a Babe Ruth card, but your best friend will only part with his Mickey Mantle rookie card for your soul.

The FX Ladder

Even though the forex market is decentralized, it isn’t pure and utter chaos! The participants in the FX market can be organized into a ladder. To better understand what we mean, here is a neat illustration:

At the very top of the forex market ladder is the interbank market. Composed of the largest banks of the world and some smaller banks, the participants of this market trade directly with each other or electronically through the electronic brokering services (EBS) or the Reuters dealing 3000 spot matching.

The competition between the two companies – the EBS and the Reuters Dealing 3000-Spot Matching – is similar to Coke and Pepsi. They are in constant battle for clients and continually try to one-up each other for market share. While both companies offer most currency pairs, some currency pairs are more liquid on one than the other.

For the EBS plaform, EUR/USD, USD/JPY, EUR/JPY, EUR/CHF, and USD/CHF are more liquid. Meanwhile, for the Reuters platform, GBP/USD, EUR/GBP, USD/CAD, AUD/USD, and NZD/USD are more liquid.

All the banks that are part of the interbank market can see the rates that each other is offering, but this doesn’t necessarily mean that anyone can make deals at those prices.

Like in real life, the rates will be largely dependent on the established CREDIT relationship between the trading parties. Just to name a few, there’s the “B.F.F. rate,” the “customer rate,” and the “ex-wife-you-took-everything rate.” It’s like asking for a loan at your local bank. The better your credit standing and reputation with them, the better the interest rates and the larger loan you can avail.

Next on the ladder are the hedge funds , corporations, retail market makers, and retail ECNs. Since these institutions do not have tight credit relationships with the participants of the interbank market, they have to do their transactions via commercial banks. This means that their rates are slightly higher and more expensive than those who are part of the interbank market.

At the very bottom of the ladder are the retail traders. It used to be very hard for us little people to engage in the forex market but, thanks to the advent of the internet, electronic trading, and retail brokers, the difficult barriers to entry in forex trading have all been taken down. This gave us the chance to play with those high up the ladder and poke them with a very long and cheap stick.

What is Forex? - 2

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet (if you’re a dude) or purse (if you’re a lady) or man purse (if you’re a metrosexual) into the currency of the country you are visiting.

You go up to the counter and notice a screen displaying different exchange rates for different currencies. You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!” (This excitement is quickly killed when you stop by a shop in the airport afterwards to buy a can of soda and, all of a sudden, half your money is gone.)

When you do this, you’ve essentially participated in the forex market! You’ve exchanged one currency for another. Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed. It’s these changes in the exchanges rates that allow you to make money in the foreign exchange market.

The foreign exchange market, which is usually known as “forex” or “FX,” is the largest financial market in the world. Compared to the measly $22.4 billion a day volume of the New York Stock Exchange, the foreign exchange market looks absolutely ginormous with its $5 TRILLION a day trade volume. Forex rocks our socks!

Let’s take a moment to put this into perspective using monsters…

The largest stock market in the world, the New York Stock Exchange (NYSE), trades a volume of about $22.4 billion each day. If we used a monster to represent NYSE, it would look like this…

You hear about the NYSE in the news every day… on CNBC… on Bloomberg…on BBC… heck, you even probably hear about it at your local gym. “The NYSE is up today, blah, blah”. When people talk about the “market”, they usually mean the stock market. So the NYSE sounds big, it’s loud and likes to make a lot of noise.

But if you actually compare it to the foreign exchange market, it would look like this…

Oooh, the NYSE looks so puny compared to forex! It doesn’t stand a chance!

Check out the graph of the average daily trading volume for the forex market, New York Stock Exchange, Tokyo Stock Exchange, and London Stock Exchange:

The currency market is over 200 times BIGGER! It is HUGE! But hold your horses, there’s a catch!

That huge $5 trillion number covers the entire global foreign exchange market, BUT retail traders (that’s us) trade the spot market and that’s about $1.49 trillion. So you see, the forex market is definitely huge, but not as huge as the media would like you to believe.

What is Traded?

The simple answer is MONEY.

Because you’re not buying anything physical, this kind of trading can be confusing.

Think of buying a currency as buying a share in a particular country, kinda like buying stocks of a company. The price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.

When you buy, say, the Japanese yen, you are basically buying a “share” in the Japanese economy. You are betting that the Japanese economy is doing well, and will even get better as time goes. Once you sell those “shares” back to the market, hopefully, you will end up with a profit.

In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country’s economy, compared to other countries’ economies.

Major Currencies

Symbol	Country	Currency	Nickname
USD	United States	Dollar	Buck
EUR	Euro zone members	Euro	Fiber
JPY	Japan	Yen	Yen
GBP	Great Britain	Pound	Cable
CHF	Switzerland	Franc	Swissy
CAD	Canada	Dollar	Loonie
AUD	Australia	Dollar	Aussie
NZD	New Zealand	Dollar	Kiwi

Currency symbols always have three letters, where the first two letters identify the name of the country and the third letter identifies the name of that country’s currency.

Take NZD for instance. NZ stands for New Zealand, while D stands for dollar. Easy enough, right?

The currencies included in the chart above are called the "majors"  because they are the most widely traded ones.

What is Forex?

Foreign exchange is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer and are executed in currency pairs. For example: the Euro and the US Dollar (EUR/USD) or the British Pound and the Japanese Yen (GBP/JPY). The Foreign Exchange Market (Forex) is the largest financial market in the world, with a daily volume of over $4 trillion. This is more than three times the total amount of the stocks and futures markets combined. Unlike other financial markets, the Forex spot market has neither a physical location nor a central exchange. It operates through an electronic network of banks, corporations, and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one time zone to another across the major financial centers. This fact - that there is no centralized exchange - is important to keep in mind as it permeates all aspects of the Forex experience.

Benefits of Trading in Currency Market

• Low Commissions: Brokerage fees are very low as the market is highly competitive.
• No Middlemen : Futures/Options currency trading does away with the middleman and allows clients to interact directly on the exchange platform.
• Standardized Lot Size : In the futures markets, exchanges determine lot or contract sizes which are fixed in nature. This allows traders to trade in multiple lots.
• Low Transaction Cost : The retail transaction cost (the bid/ask spread) is typically less than 0.1% under normal market conditions. In large deals, the spread could be as low as 0.07%.
• High Liquidity : With an average trading volume of over $4 trillion per day, Forex market has high liquidity. It means that a trader can enter or exit the market at will in almost any market condition.
• Instant Transactions:This is a very advantageous by-product of high liquidity.
• Low Margin, High Leverage: These factors increase the potential for higher profits (and losses).
• Online Access: The big boom in Forex came with the advent of online trading platforms.
• Interbank Market: The backbone of the Forex market consists of a global network of dealers. They are mainly major commercial banks that communicate and trade with one another and with their clients through electronic networks and by telephone. There is no organized exchange to serve as a central location to facilitate transactions the way the New York Stock Exchange serves the equity markets. The Forex market operates in a manner similar to that of the NASDAQ market in the United States. Thus, it is also referred to as an over-the counter (OTC) market.
• Self-regulatory: The Forex market is so vast and has so many participants that no single entity, not even a Central Bank, can control the market price for an extended period. Even interventions by mighty Central Banks are becoming increasingly ineffectual and short-lived. Thus, Central Banks are becoming less and less inclined to intervene and manipulate currency prices.
• No Insider Trading: Because of the Forex market's size and non-centralized nature, there is virtually no chance for ill effects caused by insider trading. Fraud possibilities, at least against the system as a whole, are significantly less than in any other financial instruments.
• Limited Regulation: There is limited governmental influence via regulation in the Forex markets, primarily because there is no centralized location or exchange.

Product Specification

Contract Specification Underlying Rate of exchange between 1 USD & INR Pair USD/INR, EUR/INR, GBP/INR, JPY/INR Contract Months 12 consecutive calendar months i.e. a view up to 1 year in future can be taken Expiration date and time / Last trading day & time At 12 noon, two working days prior to the last Mumbai Interbank Settlement day of the month Min Price fluctuation / Tick size 0.25 paise or INR 0.0025 Settlement Daily Interim MTM settlement Final settlement Cash settled in INR Based on daily closing price of the contract Based on LTDs RBI reference rate Margin required for 1 lot USD/INR 1.75% on the first day & 1% thereafter Market timings 9:00 am to 5:00 pm

Indian Currency Futures Market – Present Status

Currency Futures Trading was launched in India on 29th August, 2008 on NSE. 

NSE & MCX’SX are the major 2 exchanges presently. “United Stock Exchange of India” is the upcoming exchange promoted by Bank of India, Federal Bank, MMTC & Jaypee Capital along with 9 other banks. 

The FX market in India is regulated by The Foreign Exchange Management Act, 1999 or FEMA, 

Presently Daily Turnover on both exchanges averages Rs. 35000 crores. 

Banks are active participants on the exchanges. NRIs & FIIs are not permitted to trade as of now. 

Currency markets offer investors a step into the world of Forex. The global increase in trade and foreign investments has led to inter-connection of many national economies. This and the resulting fluctuations in exchange rates, has created a huge international market for Forex rendering investors another exciting avenue for trading. 

The Forex market offers unmatched potential for profitable trading in any market condition or any stage of the business cycle.

Mistakes are Painful

Fundamental for 13th March

1) Indian CPI (YoY)
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
Date                 12th March
Time                 05:30 PM
Importance       3 Star
Currency           INR
Actual               -----
Forecast           8.35 %
Previous            8.79 %

2)  Indian Industrial Production (YoY)
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

A higher than expected reading should be taken as positive/bullish for the INR, while a lower than expected reading should be taken as negative/bearish for the INR.
Date                 12th March
Time                 05:30 PM
Importance       3 Star
Currency           INR
Actual               -----
Forecast           -0.6 %
Previous            -0.6 %

3) Indian Manufacturing Output (MoM)
Changes in the volume of the physical output of the national factories, mine and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months.Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towards local currency. 
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
Date                 12th March
Time                 05:30 PM
Importance       3 Star
Currency           INR
Actual               -----
Forecast        
Previous           -1.60 %

Proof of 10% Return within few hours in Forex Trading

CONTRACT NOTE (Currency Derivatives Segment of NSE) (Pursuant to Regulation 3.6) NIRMAL BANG SECURITIES PVT.LTD. TRADING & CLEARING MEMBER NO.09391 MAPIN ID : 100005835 Regd Office:  38-B, KHATAU BUILDING 2ND FLOOR, ALKESH DINESH MODI MARG, FORT, MUMBAI - 400001, TEL: (91-22)39268600/8601 Web Site : www.nirmalbang.com Corp Office:  B-2 / 301-302 3RD FLOOR MARATHON INNOVA OPP.PENINSULA BUILDING , G K MARG , LOWER PAREL (W) MUMBAI-400013,TEL:39268000 Tel : MEMBER: NATIONAL STOCK EXCHANGE OF INDIA LTD.(Currency Derivatives Segment) SEBI REGN.NO.INE230939139

To, SHATRUGHAN  BO/Trading Code : H5510514 UCC CODE :H5510514   PARBHANI 431401 PARBHANI 431401 INDIA

Contract Note No : XC/D/0304/29174  TRADE DATE : 04/03/2014

Sir / Madam, I/We have this day done by your order and on your account the following transactions:									To be Stamped as per the provisions applicable under the relevant Stamp Act
Order No	Order Time	Trade No.	Trade Time	Contracts Description	Bought Qty	Sold Qty	Gross Rate	Gross Total	Brokerage*	Net Rate	Service Tax*	Total (inclusive/ net of Brokerage & Service tax) (Rs.)
							Per Unit (Rs.)	(Rs.)	Total (Rs.)	(Rs.)	(Rs.)
00119124	11:25:40	00022663	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022664	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022665	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022666	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022667	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022668	11:27:49	FUTCUR USDINR XP: 26/03/2014	2		62.310000	124620.00	12.40	62.316200	1.53	124632.40
00119124	11:25:40	00022669	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022670	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022671	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022672	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022673	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022674	11:27:49	FUTCUR USDINR XP: 26/03/2014	1		62.310000	62310.00	6.20	62.316200	0.77	62316.20
00119124	11:25:40	00022675	11:27:49	FUTCUR USDINR XP: 26/03/2014	2		62.310000	124620.00	12.40	62.316200	1.53	124632.40
00119124	11:25:40	00022676	11:27:49	FUTCUR USDINR XP: 26/03/2014	5		62.310000	311550.00	31.00	62.316200	3.83	311581.00
00060237	10:01:00	00009691	10:01:00	FUTCUR USDINR XP: 26/03/2014		1	62.427500	62427.50	6.20	62.421300	0.77	62421.30
00060237	10:01:00	00009692	10:01:00	FUTCUR USDINR XP: 26/03/2014		1	62.427500	62427.50	6.20	62.421300	0.77	62421.30
00060237	10:01:00	00009693	10:01:00	FUTCUR USDINR XP: 26/03/2014		1	62.427500	62427.50	6.20	62.421300	0.77	62421.30
00060237	10:01:00	00009694	10:01:00	FUTCUR USDINR XP: 26/03/2014		17	62.427500	1061267.50	105.40	62.421300	13.03	1061162.10
				[ SERVICE TAX ]								30.70
				[ TURNOVER CHARGES ]								33.48
				[ SEBI CHARGES ]								2.49
				[Stamp Charges]								49.90
				[Stt Charges]
				Debit Total								1246440.57
				Credit Total								1248426.00
				NET CR								1985.43

   

OTHER LEVIES, (AS APPLICABLE):

Net Amount due to us/You : Rs. One Thousand Nine Hundred Eighty Five and Forty Three Paise

* Alternatively, these details may be furnished separately as Annexure to the Contract Note.