• Sensex and Bankex derivatives contracts expiry changed to Friday, only Indian index to expire on Friday; Sensex contract size reduced from 15 to 10 units, Bankex lot size from 20 to 15 units

• Revisions to provide multiple additional trading opportunities and strategies for market participants

MUMBAI, MAY 16, 2023 (GPN): BSE Ltd. (previously Bombay Stock Exchange), today launched its Sensex and Bankex derivatives contract.

Shri. S S Mundra, Chairman, BSE in his address said that BSE is taking several measures to create vibrancy in the exchange. He said BSE is progressing on the three pillars of innovation, technology, and commitment which will help in achieving success in this environment.

Speaking on the launch function, Shri Sundararaman Ramamurthy, MD and CEO of BSE Ltd. said “As the oldest and largest stock exchange in India, BSE has always been committed to provide innovative and cost-effective solutions to meet the evolving needs of our customers. These initiatives will encourage more people to attain their financial objectives by trading in a vibrant exchange.’’

The relaunch evoked good response from market participants. Nearly 100 members participated in trading with a total turnover of Rs 53.12 crores with an open interest of 252 lots. Sensex futures May 19 weekly expiry was the most active contract. Brokers across the country participated in today’s trade. Member East India Securities Ltd. was the first to trade in the new contract today.Ends