Short answer

You can trade weekly currency options on Arrow by searching for the contract name in the search bar. However, different order types and trading restrictions apply depending on the currency pair.

Order type restrictions

USDINR contracts: You can place market orders for 3 monthly and 1 weekly contract. You must use limit orders for all other monthly and weekly contracts.

Other currency pairs: You can only trade 3 monthly and 1 weekly contracts. Market orders are allowed for 1 monthly and 1 weekly contract only.

Intraday (MIS) is currently blocked for weekly currency options contracts.

Adding contracts to your watchlist

Method 1: Type USDINR (space) strike price (space) CE/PE (space) expiry date in the search bar.

Method 2: Type USDINR followed by the strike price and select the weekly contracts from the dropdown menu.

For monthly contracts: Type the currency pair [USDINR] space [strike] space [contract month].

Understanding trading symbols

The trading symbol “USDINR 27th Nov 70 CE” means:

USDINR is the underlying currency pair

27th Nov is the expiry date

70 is the strike price

CE indicates a Call option (PE indicates Put option)

Contract specifications