BSE to commence currency derivatives segment in early December 2013
Futures trading will commence on the dollar-rupee, euro-rupee, pound-rupee and yen-rupee pairs
Mumbai: The Bombay Stock Exchange (BSE) on Thursday said it proposes to commence trading in currency derivatives in early December.
Futures trading will commence on the dollar-rupee, euro-rupee, pound-rupee and yen-rupee pairs. Options trading will commence on dollar-rupee contract.
The exchange has decided not to levy any transaction charges on the trades done in the currency derivatives segment till further notice to encourage active participation.
The exchange proposes to start a mock trading facility for members of the currency derivatives segment from Friday. This is to familiarize members with currency derivatives trading and to facilitate the testing of their systems to prepare for the start of live trading.
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