Modules for Traders
Introduction to Currencies and Commodities
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Glossary (Currencies and commodities you can trade in India)
4.8
13 Mins Read


1. USD-INR
The USD-INR pair is the most frequently traded currency pair in India. In this pair, the base currency is the U.S. Dollar and the quote currency is the Indian Rupee. The minimum lot size of a USD-INR contract is $1,000. The contract is listed and available for trade on the BSE as well as the NSE.
2. GBP-INR
The GBP-INR pair is the second most frequently traded currency pair in India. In this pair, the base currency is the Pound Sterling and the quote currency is the Indian Rupee. The minimum lot size of a GBP-INR contract is £1,000. The contract is listed and available for trade on the BSE as well as the NSE.
3. EUR-INR
In the EUR-INR pair, the base currency is the Euro and the quote currency is the Indian Rupee. The minimum lot size of a EUR-INR contract is €1,000. The contract is listed and available for trade on the BSE as well as the NSE.
4. JPY-INR
In the JPY-INR pair, the base currency is the Japanese Yen and the quote currency is the Indian Rupee. The minimum lot size of a JPY-INR contract is ¥1,00,000. The contract is listed and available for trade on the BSE as well as the NSE.
5. GBP-USD
In the GBP-USD cross currency pair, the base currency is the Pound Sterling and the quote currency is the U.S. Dollar . The minimum lot size of a GBP-USD contract is £1,000. The contract is listed and available for trade on the BSE as well as the NSE.
6. EUR-USD
In the EUR-USD cross currency pair, the base currency is the Euro and the quote currency is the U.S. Dollar. The minimum lot size of a EUR-USD contract is €1,000. The contract is listed and available for trade on the BSE as well as the NSE.
7. USD-JPY
In the USD-JPY cross currency pair, the base currency is the U.S. Dollar and the quote currency is the Japanese Yen. The minimum lot size of a USD-JPY contract is $1,000. The contract is listed and available for trade on the BSE as well as the NSE.
8. Gold
In the Indian market, gold is the most frequently traded commodity. To make it easier to buy and sell the yellow metal, gold is subdivided into the following four different contracts.
- Gold, with a lot size of 1 kilogram.
- Gold mini, with a lot size of 100 grams.
- Gold guinea, with a lot size of 8 grams.
- Gold petal, with a lot size of 1 gram.
All the four contracts are listed and available for trade on the MCX, whereas only gold and gold mini contracts are available for trade on the BSE and the NSE.
9. Silver
Similar to gold, silver also has a choice of three different contracts to trade from.
- Silver, with a lot size of 30 kilograms.
- Silver mini, with a lot size of 5 kilograms.
- Silver micro, with a lot size of 1 kilogram.
All the three contracts are listed and available for trade on the MCX, whereas only silver is available for trade in the NSE. However, both silver and silver mini contracts are listed on the BSE.
10. Aluminium
The derivative contract of aluminium is available for trade on the MCX and the BSE with a lot size of 5 MT (Metric Tons), which is 5,000 kilograms.
11. Copper
The derivative contract of copper is available for trade on the MCX and the BSE with a lot size of 2.5 MT and 1 MT respectively.
12. Lead
The derivative contract of lead is available for trade only on the MCX with a lot size of 5 MT.
13. Nickel
The derivative contract of nickel is available for trade only on the MCX with a lot size of 1,500 kilograms.
14. Zinc
The derivative contract of zinc is available for trade on the MCX and the BSE with a lot size of 5 MT.
15. Crude oil
The derivative contract of crude oil is available for trade on the MCX, BSE, and NSE with a lot size of 100 barrels.
16. Natural gas
The derivative contract of natural gas is available for trade only on the MCX with a lot size of 1250 mmBTU (million British Thermal Units).
17. Black pepper
The derivative contract of black pepper is available for trade on the MCX, NCDEX, and ICEX with a lot size of 1 MT.
18. Cardamom
The derivative contract of cardamom is available for trade on the MCX and the ICEX with a lot size of 100 kilograms.
19. Castor seed
The derivative contract of castor seed is available for trade on the MCX, NCDEX, and ICEX. The lot size of the contract is 10 MT on both the MCX, and ICEX, whereas the lot size of the contract is only 5 MT on the NCDEX.
20. Cotton seed oil cake
The derivative contract of cotton seed oil cake is available for trade only on the NCDEX with a lot size of 10 MT.
21. Crude palm oil
The derivative contract of crude palm oil is available for trade on the MCX and the NCDEX with a lot size of 10 MT.
22. Mentha oil
The derivative contract of mentha oil is available for trade on the MCX with a lot size of 1080 kilograms.
23. RBD palmolein
The derivative contract of RBD palmolein is available for trade on the MCX with a lot size of 10 MT.
24. Cotton
The derivative contract of cotton is available for trade on the MCX, the BSE, and the NCDEX with a lot size of 25 bales (1 bale equals 170 kilograms), 25 bales, and 100 bales respectively.
25. Kapas
The derivative contract of kapas is available for trade on the MCX and the NCDEX with a lot size of 4 MT.
26. Raw jute
The derivative contract of raw jute is available for trade on the ICEX with a lot size of 10 MT.
27. Bajra
The derivative contract of bajra is available for trade only on the NCDEX with a lot size of 10 MT.
28. Barley
The derivative contract of barley is available for trade only on the NCDEX with a lot size of 10 MT.
29. Chana
The derivative contract of chana is available for trade only on the NCDEX with a lot size of 10 MT.
30. Maize (feed/industrial grade)
The derivative contract of maize (feed/industrial grade) is available for trade only on the NCDEX with a lot size of 10 MT.
31. Wheat
The derivative contract of wheat is available for trade only on the NCDEX with a lot size of 10 MT.
32. Moong
The derivative contract of moong is available for trade only on the NCDEX with a lot size of 5 MT.
33. Paddy (basmati)
The derivative contract of paddy (basmati) is available for trade on the NCDEX and the ICEX with a lot size of 10 MT.
34. Guar seed
The derivative contract of guar seed is available for trade on the NCDEX, the ICEX, and the BSE, with a lot size of 5 MT, 1 MT, and 10MT respectively.
35. Guar gum refined splits
The derivative contract of guar seed is available for trade on the NCDEX and the BSE with a lot size of 5 MT each.
36. Soybean
The derivative contract of soybean is available for trade only on the NCDEX with a lot size of 5 MT.
37. Refined soy oil
The derivative contract of refined soy oil is available for trade on the NCDEX and the ICEX with a lot size of 5 MT and 10 MT respectively.
38. Mustard seed
The derivative contract of mustard seed is available for trade on the NCDEX and the ICEX with a lot size of 10 MT.
39. Sugar
The derivative contract of sugar is available for trade only on the NCDEX with a lot size of 10 MT.
40. Turmeric
The derivative contract of turmeric is available for trade on the NCDEX and the BSE with a lot size of 5 MT and 10 MT respectively.
41. Jeera
The derivative contract of jeera is available for trade only on the NCDEX with a lot size of 3 MT.
42. Coriander
The derivative contract of coriander is available for trade only on the NCDEX with a lot size of 5 MT.
43. Rubber
The derivative contract of rubber is available for trade on the ICEX with a lot size of 1 MT.
44. Steel
With respect to steel, there are two different contracts available for trade.
- The derivative contract of steel long is available for trade on the ICEX with a lot size of 10 MT.
- The derivative contract of steel billets is available for trade on the BSE with a lot size of 10 MT.
45. Diamond (1 carat, 0.3 carat, 0.5 carat)
With respect to diamond, there are three different contracts available for trade.
- The derivative contract of diamond (1 carat) is available for trade on the ICEX with a lot size of 1 cent, which is 2 milligrams.
- The derivative contract of diamond (0.5 carat) is available for trade on the ICEX with a lot size of 1 cent, which is 2 milligrams.
- The derivative contract of diamond (0.3 carat) is available for trade on the ICEX with a lot size of 1 cent, which is 2 milligrams.
46. Isabgul Seed
The derivative contract of isabgul seed is available for trade on the ICEX with a lot size of 1 MT.
47. Almond
The derivative contract of almond is available for trade on the BSE with a lot size of 1 MT.
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