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Slow start to BSE's global exchange

Trading in other derivative products in currency, commodities expected to begin soon

GIFT
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GIFT

Ashley Coutinho Mumbai
BSE's India INX, the country's first international exchange, started trading on Monday at GIFT or Gujarat International Finance Tec-City. Trading remained confined to equity derivatives, more specifically index futures, which registered lukewarm volumes.

On the first day of trade, only 37 contracts of Sensex 50 futures and another two contracts each of Sensex January and Sensex February futures were traded, going by data on the exchange's website on 6 pm.
 
Trading in other derivative products in currency and commodities is expected to begin soon.
 
"Volumes will pick up in a few months," said an expert. "There has