BSE derivative turnover spikes to Rs 116t for Apr-Oct
Monday, 3 November 2014
NEW DELHI, Nov 2 (PTI): Equity derivative turnover at BSE has grown substantially to over Rs 116 trillion so far in the current fiscal, from year-ago levels, as the exchange has put in place new measures including technology systems for faster trades.
The exchange had recorded trades amounting to about Rs 50 trillion, during the April-October period in fiscal 2013-14.
In the last six months itself, the orders per day at BSE has grown nearly three times from 150 million per day to 450 million per day, helped by a faster technology.
In terms of volumes, the trades on the exchange also surged to nearly 300 million in the first seven months of current fiscal as against 168 million in the year-ago period.