Monday November 25 2013

News Source: Global Exchanges

Focus: Derivative Market Segment

Type: General




The Bombay Stock Exchange (BSE) has announced that it proposes to commence trading in currency derivatives in early December 2013. Futures trading will commence on the dollar-rupee, euro-rupee, pound-rupee and yen-rupee pairs. Options trading will commence on dollar-rupee contract.

The exchange has decided not to levy any transaction charges on the trades done in the currency derivatives segment until further notice to encourage active participation.

A mock trading facility has been set up to familiarise members with currency derivatives trading and to facilitate the testing of their systems to prepare for the start of live trading.

Click on the above link for more details.