The National Stock Exchange of India Limited (NSE) on October 16, 2023, launched 13 new commodity derivatives contracts.
The following has been stated: -
•The 13 new derivatives contracts include:
• ‘Option on Futures’ on Gold 1kg Futures, Gold Mini Futures, Silver Mini Futures, Copper Futures and Zinc Futures.
• Gold Guinea (8 grams) Futures, Aluminium Futures, Aluminium Mini Futures, Lead Futures, Lead Mini Futures, Nickel Futures, Zinc Futures and Zinc Mini Futures.
•Over the last few days, the Exchange has launched 6 new derivatives contracts:
• WTI Crude Oil – Mini Futures and Options on Futures contract
• Natural Gas – Mini Futures and Options on Futures contract
• Silver – Mini Futures and Micro futures contracts
•The Exchange has set up dedicated teams to provide ease of onboarding for new trading members, segmental enablement for existing trading members, and other operational process such as algorithmic trading approvals to provide ease and seamless experience.
The detailed circular is attached in the document given below.
