NSE bolsters offerings by launching 13 new commodity derivatives contracts!

The Exchange has experienced a surge in interest within its commodity derivatives segment, especially following the introduction of new products

On October 16, 2023, the National Stock Exchange (NSE) is proud to unveil a set of 13 new commodity derivatives contracts. With this strategic addition, the NSE now boasts a comprehensive portfolio of 28 products within the commodity derivatives segment.

The 13 new derivatives contracts include:

• ‘Option on Futures’ on Gold 1kg Futures, Gold Mini Futures, Silver Mini Futures, Copper Futures and Zinc Futures
• Gold Guinea (8 grams) Futures, Aluminium Futures, Aluminium Mini Futures, Lead Futures, Lead Mini Futures, Nickel Futures, Zinc Futures and Zinc Mini Futures 

Over the last few days, the Exchange has launched 6 new derivatives contracts:

• WTI Crude Oil – Mini Futures and Options on Futures contract
• Natural Gas – Mini Futures and Options on Futures contract
• Silver – Mini Futures and Micro futures contracts

The Exchange previously featured commodity contracts covering various assets, including Gold 1kg Futures, Gold Mini Futures, Gold Petal Futures (1 gram), Silver 30 Kg futures, Silver 30 Kg Option on Goods, WTI Crude Oil Futures, Natural Gas Futures, Brent Crude Oil Futures, and Copper Futures.

The Exchange has experienced a surge in interest within its commodity derivatives segment, especially following the introduction of new products such as derivatives tied to WTI crude oil and natural gas. This heightened participation encompasses a broad spectrum of market players, ranging from Foreign Portfolio Investors (FPIs) to domestic mutual funds.

To facilitate a smoother experience for trading members, the Exchange has established dedicated teams focused on streamlining onboarding procedures for new members, enabling existing members to access the segment more efficiently, and expediting operational processes such as approvals for algorithmic trading. These efforts aim to provide a seamless and user-friendly experience for all participants.

Shri Sriram Krishnan, Chief Business Development Officer, NSE said: “We are pleased to announce expansion of our product offerings in the Commodity Derivatives Segment. With the launch of 13 new products today, futures and options on all key products in Energy, Bullion and Base Metals category are available on NSE platform. This will enable participants to efficiently manage their risk across commodities on the exchange platform.”