About
Us
The Forex
Association of India, affiliated to "Association of Cambiste Internationale",
Paris is a National Organisation whose members are Treasury Managers,
Foreign Exchange Dealers and Foreign Exchange Brokers who are actively
involved in Foreign Exchange Trading and Foreign Exchange Risk Management.
The members of the Association are drawn from Foreign Exchange Dealing
Rooms of all Nationalised Banks, Foreign Banks, Private Sector Banks,
Reserve Bank of India and some Corporate Dealing Rooms.
Foreign Exchange Dealers in India represent Authorized Dealers i.e.
commercial banks. They are front line users of the Foreign Exchange
Market and their primary function is to be "price providers" to other
users, viz., importers and exporters, and investors with inward and
outward capital flows.
Forex
Association of India is a self-financing body. The Association tries
to ensure that the markets are transparent and Foreign Exchange transactions
are conducted in as professional a manner as possible. It is an informal
forum for exchanging news and views on the latest developments, both
financial and technological, amongst professionals.
Some of the activities of the Association are:
- Organising
seminars on various subjects such as Technical Analysis, Derivative
Products - Options, futures, Interest Rate Swaps, etc.
- Organising
meetings periodically to discuss problems and issues facing the
Forex community. In this regard the Association has formed a "Market
Watch Committee" which would discuss problems and present views
and suggestions to the Regulators.
- Organising
training programmes for members to prepare them for the ACI Diploma
Examination. For this, the "Education Committee" has been formed.
- Organising
National Forex assembly every four years for its members.
The Association
has successfully hosted
- International
Junior Forex in 1985.
- 15th
Asia Pacific Forex Assembly in 1993.
- 2nd
South Asian Forex Dealers' assembly in 1998.
- 21st
Asia pacific congress,2000
This
website is intended to be the focal point for interaction with in
the Indian Forex community and as the starting point for anyone looking
for information on the Indian Forex markets. It is our pleasure to
invite you to use this website to your benefit and contact us in case
you need further information on any associated subject.
Chairman