Don’t miss the latest developments in business and finance.

BSE becomes world's largest bourse in currency options segment

Image
Press Trust of India Mumbai
Last Updated : Apr 17 2015 | 7:48 PM IST
Premier stock exchange BSE said today it has become the world's largest exchange in currency option contracts traded in March 2015.
According to the data released by the World Federation of Exchanges (WFE), a total of 24.71 million contracts were traded on the BSE currency option segment in March.
In the month of February 2015, the BSE had traded a total of 19.11 million contracts. The bourse recorded a growth of nearly 30 per cent in the number of contracts traded on the segment in March, a statement issued here said.
BSE MD & CEO Ashish Chauhan said, "BSE launched the currency derivatives segment on its new trading platform to "Bolt" and traders can now place in around 5,00,000 orders in a second adding a completely new dimension to trading in the history of Indian stock markets. This technology has made BSE the fastest exchange in India and one of the fastest exchanges in Asia".

Also Read

First Published: Apr 17 2015 | 7:48 PM IST

Next Story