InvestorQ : What have been the currency futures and currency options turnover over the last few years on a monthly basis?
Aditi Sharma made post

What have been the currency futures and currency options turnover over the last few years on a monthly basis?

Answer
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Aashna Tripathi answered.
8 months ago


You can check the table below to get a clear idea of the trend in the market.

Currency Futures

Currency Options

Total Currency Market

Month/Year

No. of contracts

Turnover (Rs. in crore)

No. of contracts

Notional Turnover (Rs. in crore)

Premium Turnover (Rs. in crore)

No. of contracts

Turnover (Rs. in crore)

Average Daily Turnover (Rs. crore)

Jan-20

7,39,071

5,528.44

12,20,202

8,731.33

15.21

19,59,273

14,259.77

14,259.77

Dec-19

5,34,86,989

3,90,237.35

5,67,33,133

4,05,484.07

970.26

11,02,20,122

7,95,721.43

37,891.50

Nov-19

4,81,20,373

3,49,214.42

5,75,84,574

4,12,634.04

932.62

10,57,04,947

7,61,848.46

38,092.42

Oct-19

4,60,93,630

3,54,067.27

5,06,07,550

3,60,836.80

877.36

9,67,01,180

7,14,904.07

35,745.20

Sep-19

5,50,25,427

4,09,793.85

6,68,76,454

4,79,218.93

1,307.96

12,19,01,881

8,89,012.78

46,790.15

Aug-19

6,71,72,392

5,57,678.03

7,62,52,863

5,43,110.54

1,590.24

14,34,25,255

11,00,788.57

55,039.43

Jul-19

4,47,98,629

3,12,778.76

4,66,70,682

3,22,275.74

718.97

9,14,69,311

6,35,054.50

27,611.07

Jun-19

4,26,25,152

2,99,983.68

4,15,17,032

2,89,374.23

621.73

8,41,42,184

5,89,357.92

31,018.84

May-19

5,00,89,498

3,55,482.72

4,65,86,465

3,26,493.52

990.39

9,66,75,963

6,81,976.24

30,998.92

Apr-19

5,09,44,880

3,61,284.90

5,02,51,159

3,50,070.19

1,061.05

10,11,96,039

7,11,355.08

39,519.73

Mar-19

5,52,74,790

3,91,350.07

6,06,59,188

4,23,985.62

1,281.59

11,59,33,978

8,15,335.69

42,912.40

Feb-19

4,82,69,214

3,50,382.51

4,61,58,397

3,29,971.98

999.15

9,44,27,611

6,80,354.49

35,808.13

Jan-19

5,56,68,608

4,01,107.90

4,91,04,567

3,48,374.98

1,277.77

10,47,73,175

7,49,482.87

32,586.21

Dec-18

5,34,24,447

3,83,122.75

5,04,42,128

3,58,681.21

1,522.13

10,38,66,575

7,41,803.96

37,090.20

Nov-18

4,73,68,479

3,45,891.96

4,63,58,886

3,35,768.33

1,558.40

9,37,27,365

6,81,660.29

35,876.86

Oct-18

6,43,56,584

4,81,103.67

4,01,71,247

2,96,424.84

1,345.53

10,45,27,831

7,77,528.51

37,025.17

Sep-18

7,05,15,824

5,17,416.66

6,11,90,777

4,42,524.20

2,015.87

13,17,06,601

9,59,940.86

53,330.05

Aug-18

5,67,47,406

4,03,910.91

4,92,97,157

3,44,970.60

1,285.72

10,60,44,563

7,48,881.51

37,444.08

Jul-18

4,51,94,719

3,19,727.24

3,46,62,362

2,39,138.72

787.32

7,98,57,081

5,58,865.96

25,403.00

Jun-18

5,15,56,491

3,60,161.73

3,70,09,963

2,52,226.90

886.69

8,85,66,454

6,12,388.62

29,161.36

May-18

5,80,34,086

4,03,383.58

4,22,11,581

2,86,068.00

989.75

10,02,45,667

6,89,451.58

31,338.71

Apr-18

4,36,14,222

2,97,368.38

3,10,93,098

2,05,288.80

665.7

7,47,07,320

5,02,657.18

26,455.64

Mar-18

3,10,68,853

2,12,638.03

2,50,89,683

1,63,974.23

503.64

5,61,58,536

3,76,612.27

19,821.70

Feb-18

4,25,79,800

2,83,904.61

3,43,98,896

2,22,766.81

707.2

7,69,78,696

5,06,671.42

28,148.41

Jan-18

4,02,58,579

2,66,266.45

3,34,84,749

2,14,896.56

591.71

7,37,43,328

4,81,163.01

21,871.05

Dec-17

3,47,90,130

2,30,216.34

2,52,86,559

1,63,860.73

480.15

6,00,76,689

3,94,077.07

20,740.90

Nov-17

4,01,66,428

2,67,316.24

3,50,68,009

2,28,860.91

650.69

7,52,34,437

4,96,177.15

22,553.51

Oct-17

2,99,18,578

1,99,645.60

3,13,88,099

2,05,542.83

705.8

6,13,06,677

4,05,188.43

20,259.42

Sep-17

4,17,99,966

2,77,485.90

4,30,97,139

2,80,138.32

942.06

8,48,97,105

5,57,624.22

26,553.53

Aug-17

2,56,88,528

1,69,544.90

3,14,70,857

2,03,107.07

574.7

5,71,59,385

3,72,651.97

18,632.60

Jul-17

2,39,04,725

1,58,914.59

2,51,52,060

1,63,563.67

500.26

4,90,56,785

3,22,478.26

15,356.11

Jun-17

2,48,83,610

1,65,606.92

2,44,70,609

1,59,124.61

462.73

4,93,54,219

3,24,731.53

15,463.41

May-17

2,77,52,227

1,82,960.46

3,23,39,693

2,10,162.05

685.06

6,00,91,920

3,93,122.51

18,720.12

Apr-17

2,76,21,713

1,81,185.63

3,32,84,239

2,16,818.70

768.57

6,09,05,952

3,98,004.33

22,111.35

Mar-17

2,99,07,445

1,99,440.01

3,29,62,970

2,19,096.88

727.39

6,28,70,415

4,18,536.89

19,930.33

Feb-17

2,44,11,679

1,66,263.69

2,76,57,451

1,87,379.64

498.96

5,20,69,130

3,53,643.32

19,646.85

Jan-17

2,74,09,931

1,89,460.60

2,94,22,841

2,01,733.62

597.19

5,68,32,772

3,91,194.22

18,628.30

Dec-16

2,80,47,830

1,92,173.39

3,60,68,993

2,46,555.54

794.8

6,41,16,823

4,38,728.92

20,891.85

Nov-16

4,34,27,973

2,97,746.05

3,76,60,191

2,56,263.02

861.7

8,10,88,164

5,54,009.07

26,381.38

Oct-16

2,28,60,864

1,56,253.27

2,19,30,767

1,47,575.35

371.21

4,47,91,631

3,03,828.62

15,990.98

Sep-16

2,98,38,524

2,03,859.67

3,25,86,802

2,19,435.94

593.29

6,24,25,326

4,23,295.61

21,164.78

Aug-16

2,46,49,243

1,69,809.17

2,45,98,002

1,66,196.28

451.46

4,92,47,245

3,36,005.46

16,000.26

Jul-16

2,37,57,025

1,65,256.02

2,20,94,587

1,49,982.63

392.33

4,58,51,612

3,15,238.64

15,761.93

Jun-16

4,57,74,934

3,20,800.40

3,34,40,957

2,26,867.36

807.07

7,92,15,891

5,47,667.75

24,893.99

May-16

3,33,68,426

2,30,308.74

2,90,75,094

1,96,287.80

608.82

6,24,43,520

4,26,596.54

19,390.75

Apr-16

2,91,62,057

1,98,407.93

2,23,36,853

1,49,922.87

448.85

5,14,98,910

3,48,330.80

21,770.68

Mar-16

3,78,14,054

2,58,672.87

3,21,50,934

2,17,996.39

721.5

6,99,64,988

4,76,669.26

23,833.46

Feb-16

3,84,52,656

2,67,791.55

2,78,13,313

1,91,217.47

740.89

6,62,65,969

4,59,009.03

22,950.45

Jan-16

3,92,77,620

2,68,949.91

3,18,75,927

2,15,892.99

746.07

7,11,53,547

4,84,842.90

24,242.14

Dec-15

2,96,84,458

2,02,382.85

2,27,48,566

1,52,682.00

460.22

5,24,33,024

3,55,064.84

16,907.85

Nov-15

2,98,24,019

2,00,809.77

2,02,82,838

1,34,901.65

472.3

5,01,06,857

3,35,711.41

17,669.02

Oct-15

3,10,87,546

2,07,048.97

2,29,43,436

1,50,928.96

488.03

5,40,30,982

3,57,977.92

17,898.90

Sep-15

3,51,66,561

2,38,260.11

2,00,54,667

1,33,899.11

514.01

5,52,21,228

3,72,159.22

18,607.96

Aug-15

4,28,15,782

2,85,653.14

2,46,05,109

1,61,374.61

650.11

6,74,20,891

4,47,027.75

22,351.39

Jul-15

2,88,23,508

1,89,030.79

1,45,61,975

93,732.99

269.82

4,33,85,483

2,82,763.78

12,294.08

Jun-15

3,24,24,567

2,12,345.35

1,54,74,614

99,916.17

288.58

4,78,99,181

3,12,261.52

14,193.71

May-15

3,33,32,687

2,18,201.06

1,57,90,911

1,01,578.81

380.48

4,91,23,598

3,19,779.86

16,830.52

Apr-15

3,10,55,906

2,00,186.60

1,55,21,510

98,431.48

326.98

4,65,77,416

2,98,618.08

16,589.89

Mar-15

3,64,61,337

2,32,989.66

1,65,05,804

1,04,037.31

383.22

5,29,67,141

3,37,026.96

16,048.90

Feb-15

2,68,81,038

1,71,034.29

86,38,555

54,023.43

213.41

3,55,19,593

2,25,057.73

12,503.21

Jan-15

3,78,20,180

2,40,518.11

1,90,02,251

1,19,737.70

442.94

5,68,22,431

3,60,255.81

17,155.04

Dec-14

3,17,35,428

2,05,126.15

1,41,40,228

89,693.42

362.94

4,58,75,656

2,94,819.57

13,400.89

Nov-14

2,42,33,234

1,54,131.39

78,49,819

48,834.27

160.53

3,20,83,053

2,02,965.66

11,275.87

Oct-14

2,64,67,584

1,67,294.85

99,98,079

61,940.25

227.54

3,64,65,663

2,29,235.10

12,735.28

Sep-14

3,33,02,985

2,09,370.37

1,23,51,112

75,865.69

303.24

4,56,54,097

2,85,236.06

12,965.28

Aug-14

3,13,72,063

1,96,751.91

1,05,66,459

64,884.33

266.15

4,19,38,522

2,61,636.24

14,535.35

Jul-14

3,23,15,728

2,01,643.56

79,36,579

47,988.72

217.48

4,02,52,307

2,49,632.28

11,346.92

Jun-14

2,70,35,383

1,69,712.70

64,31,022

38,662.95

184.73

3,34,66,405

2,08,375.65

9,922.65

May-14

2,81,54,887

1,74,332.44

67,28,868

40,251.67

230.96

3,48,83,755

2,14,584.11

10,729.21

Apr-14

1,98,09,116

1,25,086.91

49,26,955

29,995.58

171.29

2,47,36,071

1,55,082.48

9,122.50

Mar-14

2,26,25,264

1,45,112.48

68,29,777

42,132.36

203.62

2,94,55,041

1,87,244.84

9,854.99

Feb-14

2,02,83,992

1,32,871.33

45,96,923

28,854.67

134.65

2,48,80,915

1,61,726.00

8,984.78

Jan-14

2,57,27,638

1,68,442.01

63,95,061

40,121.86

211.03

3,21,22,699

2,08,563.87

9,480.18

Of course, if you look at the premium turnover the options currency does look small but if you get the notional value then you can make out that there is a genuine surge in the interest in currency options. They offer a lower risk method of participating in the currency markets and even downside risks can be better defined in these cases. While currency futures are still the mainstay, smart and savvy traders in the currency segment are increasingly using the limited risk window offered by these currency options to get more bang for the risk taken and the effort.