The National Stock Exchange of India Ltd (NSE) again secure the first position in the world’s largest derivatives exchange for the second consecutive year.
The position is in terms of number of contracts traded in 2020, according to the Futures Industry Association (FIA).
Bourses
In addition, the bourse has been ranked fourth in the world in cash equities by number of trades by the World Federation of Exchanges (WFE) for 2020, NSE release stated.
The exchange said it has been focused on building robust markets for all asset classes and had launched a host of new products and services last year.
Capital Market Instruments
In the capital market segment, NSE has listed T-bills (Treasury Bills) and SDLs (State Development Loans) for investors to transact in these securities.
It provides additional instruments to the existing dated Government Securities (G-sec) available for trading.
Derivatives
On the derivatives side, NSE launched weekly futures and options contracts on the currencies with the pair of EUR-INR, GBP-INR and JPY-INR.
Commodities
In the commodity segment, the bourse had launched its first commodity options contract on gold, followed by silver.
The exchange also made its foray into agricultural commodities with a futures contract on Crude Degummed Soybean Oil.
Performance in terms of new registration
The NSE witnessed growth in number of new investor registrations in 2020, with 70 lakh new registrations, which is 2.3 times more than 2019.
Transaction volume
The number of transaction through mobile and internet-based platforms have also increased and it account for 35 per cent of cash market turnover.
Comment from MD and CEO of NSE
Vikram Limaye, “It is indeed a matter of great pride for us and for our country that NSE has emerged as a global leader and achieved the distinction of being the largest derivatives exchange in the world for the 2nd consecutive year and the 4th largest exchange in cash equities by number of trades.”
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