BSE products to get nip-and tuck-treatment under Sundararaman Ramamurthy

Asia's oldest bourse gets battle-ready under new chief

BSE (formerly Bombay Stock Exchange), Asia’s oldest bourse, is initiating several tweaks to its products to arrest the fall in market share — both in the equity cash and derivatives segments —  said people in the know.

Under the leadership of Sundararaman Ramamurthy, the exchange has lined up several changes in the cash market, equity derivatives, as well as currency derivatives.

Ramamurthy — an early architect of the rival National Stock Exchange — took charge as managing director and chief executive officer of BSE in January.

For the cash segment, BSE has reduced the tick size to just 1 paisa