BSE gets SEBI approval to introduce F&O contract on S&P Bankex

The BSE, world’s fastest exchange with the speed of 6 microseconds, has received market regulator Sebi’s approval to introduce weekly options and futures contracts on S&P BSE BANKEX, shortly. The leading bourse will introduce 7 weekly expiry futures and options contracts expiring on Thursday of the week, excluding the monthly expiry.  The lot size of the contracts on S&P BANKEX shall be fixed in accordance with the provisions of Sebi. Further, the lot size/more multiple for the derivative contracts on the same underlying index shall remain the same.

BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner.

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 (SMEs) that have been highly successful.

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BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure.

On October 1, 2018, BSE launched commodity derivatives trading in a delivery-based futures contract in gold (1 kg) and silver (30 kg).