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BSE to launch derivative products in India

BS Reporter  |  Mumbai 

The Bombay Stock Exchange (BSE) has signed a licensing agreement with the (ISE) to launch derivative products in India.

The agreement is part of on-going market development efforts between and Deutsche Börse Group, which includes Eurex and ISE.

BSE, as part of its product-basket, will seek approval from Sebi to launch derivative products for Indian investors based on innovative ISE indices.

“ISE’s indexes provide investors with equity-based exposure to highly topical investment themes, including emerging markets, widely-traded commodities and water," said Kris Monaco, Head of New Product Development at ISE.

First Published: Tue, March 15 2011. 13:13 IST