For Quick Alerts
For Daily Alerts

BSE To Unveil Futures Contract In Brent Crude Oil On January 27


India's oldest bourse BSE in a circular said, "Exchange shall introduce futures contracts on brent crude oil in commodity derivatives segment with effect from January 27, 2020."

BSE To Unveil Futures Contract In Brent Crude Oil On January 27

Further in another notification BSE said subject to approval from the SEBI, the BSE may also unveil a liquidity enhancement scheme on this contractIn the latest circular, the BSE said, "Exchange may introduce liquidity enhancement scheme (LES) in brent crude oil futures in commodity derivatives subject to regulatory approval."

It is to be noted that as per the liquidity enhancement schemes (LES), brokerage houses and other market participants are provided incentives for a specific time period for brining in liquidity and create interest of investors in securities with limited trading activity.

Earlier there was a call made by the market watchdog that commodities that see sharp volatility should not be made eligible for LES.

Story first published: Wednesday, January 15, 2020, 10:47 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more