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Eforexindia.com
was conceptualized to provide a platform for corporate, exporters, importers and
individuals to manage their foreign exchange risk in an effective manner as well to
provide an economical pathway to real time prices and financial news. This portal on risk
management has been designed after extensive research gained from our years of
experience from inter-bank-dealing operations. |
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This B2B Portal is the principal property of Eforexindia.com Private Ltd which was
set up in 1994 at New Delhi, India. Eforex India was established
with an objective to provide professional advisory services in the field of Currency Hedging and Forecasting
and has come a long way, building up a strong clientele all over India within a
very short span of time. The portal
provides Live and Real time prices of most currencies, their forwards and interest
rates and provides analysis, both technical and fundamental with clear entry and
exit points of the most traded majors. It is also the only recognized site for the
Indian Rupee, showing its live value to all quoted currencies and its relevant news.
Eforexindia has strong technical partners across the globe in London through IFX
Markets Ltd and in Boston through MBCFX (see
affiliates) besides a strong network
in India through its own offices in major cities and its affiliates (see
contact us).
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Eforexindia was promoted by Soumya Dutta in 1994 who continues to officiate as the Chief Executive & Managing Director of the company. Besides having more than twenty years of active inter-bank dealing experience as Treasury Heads of various banks and an unblemished track record in Consulting and Advisory services, he is on the faculty of various Educational Institutions both in India and abroad. A CFA, MCA and an MBA from the premier institutes in the country, he is widely regarded as an authority in structured products and derivatives and is on the board of advisors for many a company in India and United States. |
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Traditionally, investors’ only means of gaining access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment purposes. With this on-line and highly interactive portal it is expected that investors would find a level playing field through which they can assess their risk on an on-going basis and thereby use the hedging mechanisms to limit them when the need arises. We have tried to explain the various rules and regulations and also define the hedging mechanisms and the need for analysis in our classroom and FAQs section which we hope would educate investors in the highly complex world of foreign exchange. Today, eforexindia is the highest visited foreign exchange site in India and is recognized by most regulatory authorities and currency forums across the globe.
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Dealing
Room Support |
A
client deciding upon a forex consultant should verify the authenticity of prices and
market information that the consultant promises to deliver. While these prices are
available on certain financial terminals, it should be borne in mind that the Indian Rupee is partially convertible and thus its
moves are essentially on demand and supply and government policies which may not be captured by these overseas terminals
and as such the fastest
and most accurate information can be procured from Inter-Bank Dealing Rooms of banks and
forex brokers. |
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A bank forex broking house is equipped with the state-of-the-art
equipments and manned by specialized
dealers and traders who are constantly dealing with the forex
dealing rooms of banks
and overseas markets. The company derives its strength from its parent organization,
a premier forex broking
house authorized by the RBI
and the FEDAI and boasts of being amongst the oldest in the country, having being
established in the year 1905. All information and prices
updated on eforexindia.com are supplied directly from its India & Overseas dealing-rooms
and the support call-back services are handled by
inter – bank dealers themselves. |
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The
Organisation