The National Stock Exchange (NSE) has emerged as the top global bourse in terms of derivatives contracts traded for the third year in a row. Around 17.3 billion derivatives contracts were traded on the NSE in 2021, nearly double that of 8.9 billion traded in 2020.
The country’s top bourse was ahead of the US’ CME Group and Brazil’s B3, which clocked volumes of 11.3 billion and 9.3 billion contracts, respectively, the data provided by industry body World Federation of Exchanges showed.
Technically, the number of derivatives contracts traded in the US are far higher, but liquidity is fragmented among different trading