BSE becomes 1st stock exchange to launch commodity derivative contracts

BSE becomes 1st stock exchange to launch commodity derivative contracts


India’s Bombay Stock Exchange (BSE) became first stock exchange in the country to launch commodity derivative contracts. It has launched contracts in popular commodities like gold (1kg) and silver (30kg). Till date, commodity derivatives contract are available only on MCX and NCDEX, the two specialised commodity derivatives exchanges in the country.

BSE commodity derivative contracts

“We have launched gold and silver derivatives contract and have applied for launching crude oil and copper contracts with SEBI. We will subsequently launch more agri commodities,” the BSE Managing Director and Chief Executive Officer, Ashishkumar Chauhan, told reporters.

He said the launch of commodity derivatives platform on the BSE will help in efficient price discovery, reduce timeline and make it cost-effective. “The bourse also promises a user-friendly platform with robust risk management system and wider market penetration,” Chauhan said.


BSE becomes 1st stock exchange to launch commodity derivative contracts



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