Launch of FBIL USD/INR Reference Rate Trading (R-Spot) on FX-Clear
platform w.e.f. November 07, 2022
The new version of FX-Clear platform
enabling the members to trade in the FBIL USD/INR Reference Rate (R-Spot) shall
go live with effect from November 07, 2022.
Members would be able to place orders in the R-Spot instrument by
quoting a spread i.e. At Par, At Premium (+) or At Discount (-) to the
Reference Rate. The final price for all trades concluded in the instrument
would be updated post publication of the reference rate.