currency derivative

1. Research Proposal
Research Problem:
To study the opinion of currency investors regarding currency market in Surat.
Research Objective:
To know the reasons of currency investors behind investing in currency market.
To know the investment pattern of currency investors in currency market.
Type of research:
Descriptive type of research will be used.
Data collection plan:
Primary data: Data will be collected by survey of investors. Personal interview will be done for
data collection.
Secondary data: Various books, websites, magazines have been used to collect secondary data.
Research Design:
Population: currency investors of surat city.
Sample size: 100 investors.
Sampling technique: Convenient sampling
Data Analysis:
Sum, Mode.
Charts: Bar chart and Pie charts

2. Instrument Design:
Structured questionnaire will be used for data collection.
Limitations of the study:
 Have to rely upon the respondent.
 Personal bias or personal error of the interviewer might also have crept in, some cases
while interpreting the respondents.
 Certain questions which will not properly responded by the respondent.
Variables:
Occupation
Age
Frequency in trading
Currency
Broking firm
Reason

3. Questionnaire
1. Do you invest in foreign currency market?
Yes No
2. Through which marketing channel did you get the information?
Seminar Pamphlet
Broker Newspaper/Magazine
Friends and Relatives Others
3. In which currency do you invest?
US dollars Pound
Yen Euro
4. Where do you invest? (multiple choice)
Cash market Forward
Futures Options
5. How frequently do you invest?
Monthly Quarterly
Half yearly Yearly
Other(specify)
6. Why do you invest in currency?
To hedge To arbritage
To earn profit To take advantage short term fluctuation
7. With which broker do you invest?
_______________________________________

4. 8. Which currency do you prefer most?(Give ranks)
US dollars
Yen
Pound
Euro
9. Which factors do you determine at the time of investing in currency?
Return Risk of losing invested money
Liquidity Safety
10. How much return do you expect in foreign currency investment?
Name ________________________________________________________
Age
15-25 26-40 41-60 Above 60
Profession
Business Job Student Agent Other
If business, which___________________________