NSE launches 'Gold Options' in commodity derivatives segment - Check trading hours
In a major development, the National Stock Exchange (NSE) on Saturday announced the launch of 'Gold Options' in the commodity derivatives segment.
In a major development, the National Stock Exchange (NSE) on Saturday announced the launch of 'Gold Options' in the commodity derivatives segment. The exchange has received Sebi approval on 'Options' in goods contracts on underlying gold spot price for trading in the commodity derivatives segment, the NSE said in a release.
The 'Gold Mini Options' and would be available for trading from June 8, to be from Mondays through Fridays and the trading session will be from 9:00 am to 11:30 pm/11:55 pm based on the US daylight saving time period, the NSE added.
Earlier, leading stock exchanges BSE and NSE had decided to reduce the listing fee for their SME platforms by 25 per cent amid challenges faced by small and medium enterprises due to coronavirus pandemic. The fee rebate has been declared following Finance Minister Nirmala Sitharaman's several announcements to rescue the ailing micro, small, and medium enterprises (MSME) sector.
The revised listing fee structure will be applicable for the existing companies as well as for the firms waiting to be listed on the exchange, BSE said in a statement. "Currently, India is going through an unprecedented crisis caused by pandemic COVID-19. In these challenging times, it is our responsibility to support SMEs which form the backbone of our economy. We hope that these measures along with the bold steps taken by the government will help in reviving SMEs and also encourage thousands of SMEs to go for listing," said Ajay Thakur, Head, BSE SME and Startups.
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