BSE Currency Derivative Turnover Rises 3 Times

The BSE currency derivative turnover recorded for the fourth quarter ended is Rs. 834,627 crore (Jan – Mar 2015). It has grown nearly 3 times as compared to Rs. 288,798 crore in the first quarter (Apr – Jun 2014).

The total currency derivative turnover of BSE for the fiscal 2014-15 stood at Rs 19.08 lakh crore. The BSE introduced the new trading technology “Bolt plus” in April 2004. It is based on T7, the global trading architecture of Deutsche Bourse AG. One of the key features of this system is its response time of 200 micro seconds, and can handle 5 lakh orders per second, making it the fastest trading platform in the country.

ABOUT BSE:

BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE, is Asia’s first Stock Exchange and one of India’s leading exchange groups and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME).

BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full innovation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.