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BSE derivatives turnover crosses Rs 12,000 cr

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Press Trust of India Mumbai

The Bombay Stock Exchange (BSE) said its derivatives segment posted a whopping jump in turnover to Rs 12,490.63 crore today compared to Rs 7,026.32 crore on Tuesday.

The volume of derivatives trading touched Rs 12,490.63 crore with 5,02,600 total contracts traded today, the premier bourse said in a release here.

"Turnover has steadily increased in the F&O segment. We are interacting with market participants to continually drive efforts to build a sustainable and healthy order-book in the F&O segment. We are happy with the positive response. There is widespread participation with over 400 members registered for LEIPS and about 120 members regularly participating," BSE MD and CEO Madhu Kannan said.

 

In the futures, Sensex (future contracts-current month) stood at 1,459.75 crore and Nifty (future contracts-current month) at Rs 10,553.33 crore, the release said.

The Index futures registered Rs 1,462-crore turnover with 54,998 contracts traded on BSE. Among others, Index Option (call) registered a turnover of Rs 1,551.54 crore, Index Option (Put) Rs 9,428.70 crore and equity future Rs 47.27 crore, it said.

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

As many as 135 broker-members participated in derivatives trading today, the release said.

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First Published: Feb 08 2012 | 9:05 PM IST

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