INSUBCONTINENT EXCLUSIVE:
CME's 2019 volume in 2019 was 4.83 billion contracts, roughly the same as the prior year.
A derivatives (futures or options) contract
facilitates the sale or purchase of an underlying asset at a fixed price for delivery on a future date
In India derivatives offered are of European nature
This means, they can be exercised only upon maturities unlike American type contracts which can be exercised anytime during the contract
A supportive regulatory framework coupled with robust risk management also aided this move," he said.
NSE offers liquid segment for index
futures (Nifty and Bank Nifty), Stock futures, index options and stock options
It also offers commodity, currency and bond derivatives.
In the fiscal year to date, the total derivatives turnover was around Rs 2700
funds and insurance companies, wealthy investors and proprietary traders.
Globally trading activity in the global exchange-traded
derivatives markets rose by 13.7% last calendar year to reach a record of 34.47 billion contracts.
FIA is the leading global trade
organization for the futures, options and centrally cleared derivatives markets, with offices in Brussels, London, Singapore and Washington
FIA was founded in 1955 in New York as the Association of Commodity Exchange Firms.
Futures volume rose 12% to 19.24 billion contracts,
while options volume rose 16% to 15.23 billion contracts.