After commodity derivatives, BSE eyes power trading, insurance distribution

As part of its expansion strategy, BSE has set up a JV with a US-based insurance exchange to start an insurance distribution exchange platform

India's oldest stock exchange, the BSE, has formed a strategy to expand its wings in the trading and distribution ecosystem using its technology and exchange platform. As a part of that, the exchange applied to the energy regulator to set up a power trading exchange, applied to the insurance regulator to start distribution of insurance, and has already received an approval from the market regulator to launch commodity derivatives, which are being launched from October 1. 

INX, an exchange in the Gift international financial centre set up by the BSE, has also received a good response and its daily trading has