Leading stock exchange BSE will introduce liquidity enhancement scheme (LES) in two options contracts -- gold mini and silver kilo -- from July 6, a move aimed at boosting trade in these products.
Under the LES, brokers and other market intermediaries are given incentives for a specified period of time to bring in and generate investor interest in securities that have limited trading activity.
In a circular, BSE said it has "decided to introduce liquidity enhancement scheme (LES) in gold mini options and silver KG options in commodity derivatives from July 06, 2020."
ALSO READ: MARKET WRAP: