BSE to take on rivals in commodity derivatives with lowest transaction fee

Exchange leaning heavily on superior technology to make a dent in the segment before universal exchange becomes a reality

With the country’s oldest stock exchange, the Bombay Stock Exchange, starting mock trading in commodities derivatives for the first time on Monday morning, ripples are set to go around the commodity derivatives industry. This isn't only because one stock exchange is well prepared to launch commodity derivatives, but also because it plans to offer the lowest transaction charge payable by broker-members to the exchange -- one rupee per trade, irrespective of the contract value. 

While mock trading opened at 10 a.m. on Monday, when other commodity derivative exchanges had started trading, there was no change in the prices on the