 "gold, jewellery")
The gold options contract on the National Stock Exchange (NSE) attracted thin response on its launch day on Monday with a turnover of only Rs 12 lakh.
A senior NSE official said the exchange has approached the Securities and Exchange Board of India (Sebi) to allow the liquidity enhancement scheme (LES) to attract volumes in the “options” segment.
The NSE also gives Indian gold price equivalent to the international price for gold option. This method, developed by Refinitive GFMS, Mumbai, gives “XAU” gold price in the rupee term, taking the live rupee vs dollar exchange rate.
The NSE is offering “options” trading in
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