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Asia's oldest stock exchange Bombay stock exchange is all set to launch an international Derivatives Exchange along with Eurex (Deutsche Borse & Swiss Exchange).
The derivatives products, which will have the BSE's benchmark index also called the Sensex as the underlying, will commence trading on the Eurex from October 4 this year, the BSE said in a statement.
The new contracts will be denominated in U.S. dollars and settled in cash, it said.
The Indian benchmark tracks the daily performance of 30 of the largest and most actively traded companies listed on the exchange.
Wednesday, July 14, 2010
BSE to launch Derivatives exchange with EUREX on October 4 2010
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