The National Stock Exchange (NSE) on May 15, 2023, launched the rupee denominated NYMEX WTI Crude Oil and Natural Gas futures contracts in its Commodity derivatives segment.
Earlier, NSE had signed a data licensing agreement with CME Group allowing NSE to list, trade and settle rupee denominated NYMEX WTI Crude Oil and Natural Gas derivatives contracts on its platform. The addition of these contracts has expanded NSE's product offering in the Energy basket as well as its overall commodity segment. The launch of these contracts will provide effective trading and hedging opportunities to the market participants, with the availability of key energy products on a single trading platform.
