ICAI inks pact with United Stock Exchange for training
By IANSThursday, October 7, 2010
Indo-ASIAN NEWS SERVICE
NEW DELHI - The Institute of Chartered Accountants of India (ICAI) has signed an agreement with United Stock Exchange for training in currency derivatives.
As part of memorandum of understanding (MoU), members of ICAI will be educated by United Stock Exchange through seminars, panel discussions and workshops on financial markets and corporate governance, according to an official statement released Thursday.
ICAI, the second largest accounting body in the world, will provide institutional support and facilitate interactions with its members wherein United Stock Exchange would impart relevant knowledge in currency derivatives.
The MoU has been signed for a term of three years and would be renewed subsequently on mutual consent, the statement said.
United Stock Exchange of India, the country\’s newest stock exchange for currency derivatives, offer a platform for the companies to manage currency risks.
