Bombay Stock Exchange trades rupee futures
The clearance allows users to purchase futures over the exchange, in a market that has traditionally offered them only on an over-the-counter basis. BSE's rival, the National Stock Exchange (NSE) commenced trading in the products last Friday (August 29), after getting the green light from the Securities and Exchange Board of India (Sebi) on August 13. India's OTC currency derivatives markets trade about $34 billion daily, according to the BSE.
"This will be good for smaller institutions that have
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