https://www.taxtmi.com/article/detailed?id=16199 Foreign exchange traders, commonly referred to as FETERS, are market participants who buy and sell currencies in the foreign exchange market, including banks, financial institutions, authorised dealers and brokers. Their functions include currency trading for profit, providing market liquidity, managing exchange-rate risk through hedging instruments such as forward contracts, options and swaps, and engaging in speculation, arbitrage, and market analysis based on technical and fundamental indicators. In the Indian context, foreign exchange trading is regulated under the Foreign Exchange Management framework and supervised by the Reserve Bank of India. en-us Tue, 14 Apr 2026 08:04:22 +0530 Tue, 14 Apr 2026 08:04:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16199 Foreign exchange traders, commonly referred to as FETERS, are market participants who buy and sell currencies in the foreign exchange market, including banks, financial institutions, authorised dealers and brokers. Their functions include currency trading for profit, providing market liquidity, managing exchange-rate risk through hedging instruments such as forward contracts, options and swaps, and engaging in speculation, arbitrage, and market analysis based on technical and fundamental indicators. In the Indian context, foreign exchange trading is regulated under the Foreign Exchange Management framework and supervised by the Reserve Bank of India. Articles FEMA - Foreign Exchange Management Tue, 14 Apr 2026 08:04:22 +0530 https://www.taxtmi.com/article/detailed?id=16199