Options turnover sees a decline at Dalal Street's top exchange preparing for IPO
Options turnover on India’s biggest stock exchange fell to the lowest in a year on monthly expiry day, reflecting the impact of the stricter trading rules and the introduction of the closing-auction system in the world’s largest equity derivatives market.
Premium turnover on the National Stock Exchange of India Ltd. declined to about 670 billion rupees ($7 billion) on Tuesday, the lowest since the bourse shifted its derivatives expiry from Thursday to Tuesday about a year ago, according to bourse data. Volumes in cash equities trading — where the exchange holds more than 90% of the domestic market share - fell to the lowest since November.
Premium turnover on the National Stock Exchange of India Ltd. declined to about 670 billion rupees ($7 billion) on Tuesday, the lowest since the bourse shifted its derivatives expiry from Thursday to Tuesday about a year ago, according to bourse data. Volumes in cash equities trading — where the exchange holds more than 90% of the domestic market share - fell to the lowest since November.
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