BSE (formerly Bombay Stock Exchange) has seen its market share go past the critical 20 per cent mark in the derivatives segment, intensifying its battle with bigger rival — the National Stock Exchange (NSE) - which, less than a year ago, had a monopoly in this space.
In April, the average daily trading volume (ADTV) for BSE stood at ₹89 trillion, accounting for 20.6 per cent of the overall ADTV of 432 trillion (based on notional volumes for options).
Last month, the ADTV for NSE saw a month-on-month decline for the second straight month to 343 trillion, indicating that the derivatives pie has stopped growing and some volume generators could be moving to BSE.
Industry players said BSE's derivatives platform has been gaining wider acceptance among market participants. The bourse now has 3.5 million unique investors, close to 400 brokers, and 100 foreign portfolio investors (FPIs) trading on its platform, along with several algorithmic (algo) traders who are seen as active volume generators.
When BSE relaunched its Sensex and Bankex derivatives contracts in May 2023, it had the support of fewer than 10 brokers.
هذه القصة مأخوذة من طبعة May 02, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 02, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Cipla Promoters Offload 2.53% Stake For 2,637 Cr
Proceeds to be used for creating liquidity’ for philanthropy
US Protests: Why Are Faculty Voices Muted?
The silence of faculty underscores a shift where the pursuit of academic values takes a back seat to preserving financial interests
India's weight in MSCI equity index hits another high
India's weight in MSCI's Global Standard index, which tracks emerging market stocks, has risen to another record high, boosting prospects of more inflows into its equity markets.
Kansai Nerolac needs fresh coat to improve margins
Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24.
Foreign investors most short on India stocks since 2012
Foreign investors are the most pessimistic in over a decade on Indian stocks amid speculation over Prime Minister Narendra Modi's party winning fewer seats in the ongoing national elections than previously estimated.
Raft of exemptions for government companies covers Sebi, MCA, CCI
Regulatory exemptions for government companies have been granted by multiple authorities. The Securities and Exchange Board of India (Sebi) has provided a raft of exemptions to listed public sector entities.
LIC gets until 2027 for 10% public shareholding
L ife Insurance Corporation (LIC) of India has been granted a three-year extension by the Securities and Exchange Board of India (Sebi) to achieve a 10 per cent public shareholding, the state-owned firm announced to the exchanges on Wednesday.
Leaning in: Isha Ambani beyond Reliance Retail
Ambani means business. Not only when she is doing business she .leads Reliance Retail-but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49second video address on the occasion of Information and Communications Technology (ICT) Day India 2024\".
A MATTER OF ACCESS
What is on the cards for the India-Asean FTA review
Diplomacy from the outside in
This is a compelling and lucidly written memoir of a distinguished academic who established himself as a diplomat and special envoy, turfusually reserved for career diplomats. SD Muni was appointed by Prime Minister Inder Kumar Gujral as India's ambassador to Laos in 1997.
