BSE logs currency derivative turnover of over Rs 10,500 cr

MUMBAI, Jan 2:  For the second time this week, BSE emerged as the largest exchange in currency derivatives trade by notching up a total turnover of Rs 10,530.53 crore today.

Helped by faster speed and lower transaction fees, BSE saw 16.68 lakh contracts worth Rs 10,530.53 crore on its currency derivative segment today.

In comparison, its nearest rival the National Stock Exchange (NSE) registered Rs 9,861.2 crore turnover from 15.12 lakh contracts. The exchange is generally the preferred bourse for currency derivative trading.

“BSE recorded the highest turnover in the Currency Derivatives trading today,” the exchange announced in a statement.

On December 30, 2014, BSE had hit a new record of Rs 11,634.42 crore in currency derivative turnover — highest value seen in the segment by an exchange, for the day.

BSE’s currency derivative turnover today was also higher than that of MCX-SX which saw a trading value of Rs 1,336.73 crore in the segment today. (AGENCIES)