BSE gets Sebi nod for guar, gold mini futures on its derivatives segment

The bourse commenced trading in gold and silver contracts last October, to mark its entry into commodity derivatives and become country's first universal stock exchange

The Bombay Stock Exchange (BSE), India's first universal exchange, has received market regulator Sebi's consent to launch Gold Mini, Guarseed and Guargum future contracts on its newly-launched commodity derivatives segment.

These future contracts are monthly compulsory deliverable contracts with lot size of 100 grams, 10 tonnes and 10 tonnes respectively. Recently, BSE also entered into an agreement with various agricultural premier associations and warehouse service providers in India for the growth and development of commodity derivatives markets in the agricultural complex.

BSE commenced trading in gold and silver contracts on October 1, 2018 to mark its entry into the commodity