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Business News/ Market / Stock-market-news/  BSE to commence currency derivatives segment in early December 2013
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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

File picture of Bombay Stock Exchange in Mumbai. Photo: Hemant Mishra/MintPremium
File picture of Bombay Stock Exchange in Mumbai. Photo: Hemant Mishra/Mint

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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Published: 21 Nov 2013, 10:36 PM IST
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