INSUBCONTINENT EXCLUSIVE:
Leading stock exchanges BSE and NSE have got approval from the Securities and Exchange Board of India (Sebi) to launch trading in commodity
derivatives segment from October 1
The market regulator had on December 28, 2017 announced the kick off of unified exchange regime October 1, 2018, wherein stock exchanges
would be allowed to offer trading in commodities derivatives.
In a press release, BSE said it will enter the segment with non-agriculture
commodities like metals initially, followed by agri commodities subsequently.
BSE provides investor with an end to end, integrated
transaction processing, with services ranging across the spectrum- from pre trade order management to trading, real time risk management to
post trade clearing, and settlement through a central counter party mechanism along with a nationwide depository for facilitating the
securities, transaction in a dematerialized form
BSE along with clearing corporation ICCL and depository CDSL, are the financial market infrastructure institutions in capital market.
