The Bombay Stock Exchange (BSE) introduced the currency futures trading in India on Wednesday. It was inaugurated by the chairman of Security and Exchange Borad of India, Chairman C. B. Bhave.

The currency derivatives segment (BSE-CDX) address the currency risks of investors through U.S. dollar-rupee future platforms. It is the first ever currency trading scheme in the country and the Multi Commodity Exchange of India (MCX) will also launch future currency trading very soon.