Indian Exchanges - Equity Derivatives Continue To Grow; MCX Options Show Traction: ICICI Securities

Indian Exchanges - Equity Derivatives Continue To Grow; MCX Options Show Traction: ICICI Securities

Traders react to stock price movement at a brokerage in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Exchange volumes in August 2021 declined sequentially for the commodity segment while equity derivatives grew 6% and cash segment remained flat.

Cash average daily turnover for NSE remained flat month-on-month while that for BSE Ltd. declined 6% month-on-month.

NSE equity derivatives’ ADTV was up 7% month-on-month driven by both futures and options’ notional turnover while BSE ADTV growth remained flat on month-on-month basis in August 2021.

Mutual fund transactions grew 6.6% / 4% month-on-month for BSE / NSE.

In currency derivatives, NSE reported a decline of 18.5% month-on-month while BSE reported growth of 0.4% month-on-month in August-21.

Multi Commodity Exchange of India Ltd. ADTV stood at Rs 250 billion in Aug-21 versus Rs 271 billion in July-21.

Click on the attachment to read the full report:

ICICI Securities Exchanges Tracker.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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