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BSE derivatives trading volume hits Rs 500 cr

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 2:39 AM IST

The country's premier bourse Bombay Stock Exchange's (BSE) derivatives trading volume crossed the Rs 500-crore mark today.

The volume of LEIPS-I touched Rs 546.29 crore with trading in 30 underlying shares on Monday, the BSE said in a statement issued here.

The exchange launched market-making scheme, known as the Liquidity Enhancement Incentive Programmes or LEIPs last month with the expectation that it would improve liquidity and benefit to the retail stock market investors.

One hundred and eighteen broker-members participated in derivatives trading on the 18th day of LEIPS-I. This was also the ninth consecutive day when the participation has been upwards of 100 members on a daily basis, the release said.

The scheme aims to generate more investor interest in derivatives, based on its benchmark Sensex and the underlying 30 stocks. The BSE has earmarked a total of Rs 107 crore for the scheme that will be in force for seven months in two phases, it added.

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First Published: Oct 24 2011 | 8:10 PM IST

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