New Delhi: The National Stock Exchange India (NSE) has emerged as the largest derivative exchange in the world for the third consecutive year in 2021 in terms of the number of contracts traded, according to the futures industry association (FIA).
In addition, the exchange of fourth ranks with the number of trade in cash equity, according to statistics managed by the World Exchange Federation (WFE) for 2021.
In a statement on Wednesday NSE said it was ranked as the largest exchange in the world of derivatives and currency derivatives with the number of contracts traded.
“This is a big problem for us and our country that NSE has emerged as a global leader and achieved differences as the largest derivative exchange in the world for the 3rd year in a row and the biggest exchange in this amount.
Trades,” Vikram Limaye, MD & CEO , NSE, said.
In 2021 watched the total investor base registered at NSE beyond the 5-crore sign to reach 5.5 crore investors.
In the past 10 years, daily derivative daily turnover increased 4.2 times from RS 33,305 Crore in 2011 to Rs 1,41,267 Crore in 2021.
During the same period, the average turnover of the cash market daily jumped by 6.2 times from RS 11,187 Crore in 2011 to Rs 69,644 Crores in 2021.
In currency derivatives, the daily change of average increased by 83 percent from Rs 14,252 Crore in 2011 to RS 26,017 Crore in 2021.
Academic research showed that the market Good functioning derivatives can offer varieties.
Benefits, including increasing liquidity and the discovery of prices enhanced for the underlying assets, the exchange said.
NSE recently announced the launch of the derivative on the index select MIDCAP NIFTY from January 24, 2022.
The MIDCAP segment has become the focus at the General Meeting of the Equity Market recently with broad-based participation of all investor classes, which results in increased liquidity in this case.