Chauhan also confirmed inclusion of the 10-year interest rate futures contract announced by RBI in October on its platform. Also, highlighting on how the institution aims to increase the market share in the product segment at first, Chauhan added that BSE would charge no transaction cost for the first six months. And post this period, the stock exchange would charge a fee at par with its competitors of 40%.
The new currency and interest rate derivatives will be traded using the technology the entity acquired from Germany-based Deutsche Boerse. The technology would hasten the trading time to 200 microseconds from 10 milliseconds.