BSE's derivatives journey sees speed bumps as several brokerages resist

Nearly 10 large brokers are yet to offer the relaunched Sensex and Bankex derivatives on their platforms, say they are working on back end

BSE’s fresh shot at cracking the derivatives market is off to a promising start. However, Asia's oldest bourse is facing resistance from brokerages with nearly 10 large brokers yet to offer the relaunched Sensex and Bankex derivatives on their platforms.

Many brokers maintain that they are working on the back end to enable BSE derivatives on their apps and websites. Some said while volumes are picking up, they are still miniscule compared to bigger rival NSE, which is the most-preferred venue for derivatives trading.

Only a few brokers responded to formal queries sent by Business Standard on the issue of