Business Standard

SMX records over USD 100 bn turnover

Image

Press Trust of India Singapore

SMX has been able to achieve this record figure by introducing and restructuring its products and services, to cater to the needs of the market, the exchange backed by Financial Technologies (India) Ltd said.

SMX CEO V. Hariharan had recently said research and product innovation has helped growth in volumes across all commodity classes.

SMX contracts include E-Gold bar in US dollar terms, Iron Ore Index, Euro-US dollar, Copper and Black Pepper.

Going forward, SMX's potential futures contracts include USD-Rupee and USD-Renminbi, Hariharan said.

  

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 03 2012 | 6:15 PM IST

Explore News