Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

BSE reported a daily average turnover of around Rs 2130 Cr in USINR Weekly Futures & options


Mumbai - August 1, 2018 ( Newswire) BSE India's largest currency derivative exchange on Monday, 30 July 2018 launched USINR Weekly Futures & options. BSE reported a daily average turnover of around Rs 2130 cr in USINR Weekly Futures & options on third day of the launch.

The trading in these contracts is available between 9.00 am and 5:00 pm from Monday to Friday. Eleven weekly expiry contracts excluding the expiry week of monthly contract shall be available for trading. The last trading day for the contracts shall be Every Friday of the and the final settlement price of the contracts shall be computed using the RBI reference rate for USD-INR on the last trading day of the contract.

Introduction of such instruments on exchanges will help market participants to hedge their foreign currency exposures effectively.

BSE is acknowledged as the market leader in currency derivatives with market share of 61% on July 31, 2018. BSE offers the fastest technology with lowest transaction charges in all its trading segments.

Media Contact

Yatin Padia / Rahul Vyas
022 2272 8516/ 2272 8472

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: Learn more about publishing your news release on the newswire

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Please read privacy policy: