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This was done after some concerns expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of the RBI currency derivative norms. ....
The RBI has mandated traders to compulsorily have an underlying contracted exposure to foreign currency if they want to trade in the currency derivatives segment. ....
Merisis Advisors is over a decade old boutique investment banking firm with a track record of $3 billion in total transaction value across fundraising and M&As. ....