BSE clocks highest turnover in cross currency derivatives segment

Gayathri Udyawar
/ Categories: Trending, Markets

India's leading exchange BSE launched cross-currency derivatives and cross rupee options on Tuesday. On day one, the exchange took pole position with Rs. 1,098 crore turnover in cross currency derivatives.

The exchange started accepting EURUSD, GBPUSD & USDJPY futures & options contracts on Tuesday. These financial instruments help market participants hedge foreign currency exposures. NSE registered a turnover of around Rs. 1,080 crore in cross currency derivatives.

In currency pair terms, EURUSD registered a turnover of Rs. 667 crores, for GBPUSD it was Rs. 390 crore and for USDJPY contracts the turnover was at Rs. 41 crore on BSE, on Tuesday.

Also, BSE is offering an introductory waiver on transaction charges on cross currency derivative contracts from February 27 to August 31, 2018.

Meanwhile, at 12:25 IST, the stock of BSE Limited was trading at Rs. 797.05 per share, down by 0.72 per cent on Wednesday.

Previous Article Ten stocks close to their 52-week high
Next Article Ten stocks close to their 52-week low
Rate this article:
3.8

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR