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Futures turnover up 74%

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Newswire18 Mumbai
Last Updated : Jan 20 2013 | 1:30 AM IST

The turnover of the five national and 17 regional exchanges in the country rose 73.9 per cent on year to Rs 5.50 lakh crore during November 1-15, according to an official at the Forward Markets Commission (FMC).

On a cumulative basis, April 1-November 15 turnover rose 55.33 per cent on year to Rs 67.11 lakh crore, the official said.

The Multi Commodity Exchange, National Commodity and Derivatives Exchange, National Multi-Commodity Exchange of India, Indian Commodity Exchange, and ACE Derivatives and Commodity Exchange are the national exchanges.

Exchange-wise turnover
MCX recorded a turnover of Rs 4.55 lakh crore during November 1-15, up 78 per cent on year, the official said. The exchange accounted for over 83 per cent of the total market turnover during the period under review.

NCDEX also posted a sharp 41 per cent year-on-year rise in turnover at Rs 67,411 crore during the fortnight under review, the official said, and added that ICEX registered a turnover of Rs 17,373 crore.

The turnover of NMCE slid for the fifth consecutive month, to Rs 4,699 crore as against Rs 8,945 crore a year ago, the official said.

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ACE, which launched operations on October 27, registered a turnover of Rs 1,841 crore during November 1-11, he said.

Among regional exchanges, Indore-based National Board of Trade maintained its top position in terms of turnover.

NBOT’s turnover rose sharply to Rs 2,697 crore in November 1-11, as against Rs 2,253 crore a year ago.

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First Published: Nov 26 2010 | 12:36 AM IST

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