NSE top in derivatives globally

For the third consecutive year, India’s leading exchange NSE has been ranked as the world’s top derivatives trading platform, ahead of global giants like Chicago, Nasdaq and B3 of Brazil.

Data from Futures Industry Association, a global derivatives trade body showed that the NSE was ranked the largest exchange in the equity as well as the currency derivatives segments by number of contracts traded in 2021.

Under a different league table, in terms of the number of trades in the cash equities segment, the NSE was the fourth largest bourse in the world, data for 2021 by World Federation of Exchanges showed.

During 2021, 1,726 crore contracts were traded on the NSE, compared to 876 crore on B3 (of Brazil) and 494 crore on Chicago Mercantile Exchange group’s bourses, 329 crore on Nasdaq group’s exchanges and 310 crore on Chicago Board of Exchange, FIA data showed.

In 10 years, average daily turnover in the equity derivatives segment of the NSE increased 4.2 times, from Rs 33,305 crore in 2011 to Rs 1.4 lakh crore in 2021, the exchange said. In the same period, cash market average daily turnover increased 6.2 times, from Rs 11,187 crore in 2011 to Rs 69,644 crore in 2021.

No comments: