National Stock Exchange (NSE) is pleased to announce the launch of 13 new commodity derivatives contracts on October 16, 2023. With this launch, NSE offers 28 products in the Commodity Derivatives Segment.
The 13 new derivatives contracts include:
- ‘Option on Futures’ on Gold 1kg Futures, Gold Mini Futures, Silver Mini Futures, Copper Futures and Zinc Futures
- Gold Guinea (8 grams) Futures, Aluminium Futures, Aluminium Mini Futures, Lead Futures, Lead Mini Futures, Nickel Futures, Zinc Futures and Zinc Mini Futures
Over the last few days, the Exchange has launched 6 new derivatives contracts:
- WTI Crude Oil – Mini Futures and Options on Futures contract
- Natural Gas – Mini Futures and Options on Futures contract
- Silver – Mini Futures and Micro futures contracts
The Exchange already had commodity contracts on Gold 1kg Futures, Gold Mini Futures, Gold Petal Futures (1 gram), Silver 30 Kg futures, Silver 30 Kg Option on Goods, WTI Crude Oil Futures, Natural Gas Futures, Brent Crude Oil Futures and Copper Futures.
The Exchange has seen increased interest from participants in its Commodity Derivatives Segment, with the launch of new products, particularly the derivatives on WTI Crude Oil and Natural Gas. Participation is observed from diverse categories of participants including Foreign Portfolio Investors (FPIs) and Domestic Mutual funds.
The Exchange has set up dedicated teams to provide ease of onboarding for new trading members, segmental enablement for existing trading members and other operational process such as algorithmic trading approvals for providing ease and seamless experience.
Shri Sriram Krishnan, Chief Business Development Officer, NSE said: “We are pleased to announce expansion of our product offerings in the Commodity Derivatives Segment. With the launch of 13 new products today, futures and options on all key products in Energy, Bullion and Base Metals
category are available on NSE platform. This will enable participants to efficiently manage their risk across commodities on the exchange platform.”
About National Stock Exchange of India Limited (NSE):
National Stock Exchange of India (NSE) is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2022. NSE is ranked 3rd in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2022. NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology.