BSE and NSE to launch commodity derivatives segment
India’s top two stock exchanges BSE Ltd and NSE Ltd said they will launch commodity derivatives trading from 1 October 2018.
The two exchanges have received permission from the Securities and Exchange Board of India (SEBI) for commodity derivatives trading.
In a statement, BSE said it will begin trading in commodity derivatives with non-agriculture commodities like metals, to be followed by agricultural commodities later. NSE too will start off with non-agri commodities.
In a statement, NSE said “NSE will launch its commodity derivatives segment on October 1, 2018. NSE has plans to launch derivatives trading in non-agriculture commodities in the initial phase, followed by agriculture commodities, subject to SEBI approval. This would achieve integration of trading in commodity derivatives market with other segments of the securities market at exchange level”.
BSE and NSE to launch commodity derivatives segment < News