How to trade Currency Derivative, need basic Explanation

General
1

Dear Zerodha,

As am new trader, most of the new trader would like to know and would like to trade on derivatives like currency derivative. But unfortunately either in internet or else where there will be less explanation and use of jorgans words makes us not to trade on currency derivatives. But Zerodha trading q & a, Explains each 'n everything very clearly, i appreciate efforts of the zerodha team.

Here are my few Queries,

  1. How Currency Derivative can be trade, How to buy/sell in zerodha ?

  2. Risks & Benefits of CDS

  3. Need Explanation about strike price, contract expiry with genuine examples.

  4. Can we trade on $, Euro, INR, Pound, if so… How to trade on these ?

  5. When to buy & sell CDS ?

Please eloborate more on CDS, If i am left any points please include some basics and advanced points.

Warm Regards,

Nagesh

2

I guess you can start off with this as of now. Has the basic info on CDS, just apt ;)

3

Even I dont find a lot of material on currency and commodity.
Try to go through zconnect posts related to currency.

4

Will include this topic in Varsity soon - Commodities, Currencies, and Interest Rate Futures.

5

Thats good news. Thanks Karthik.