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Business News/ Markets / Stock Markets/  NSE is now world’s largest derivatives exchange by volume
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NSE is now world’s largest derivatives exchange by volume

NSE is also ranked third in the world in the cash equities segment by number of trades

In past five years, equity derivatives daily average turnover on has increased by 70% to ₹88,772 crores in CY19. (Photo: PTI)Premium
In past five years, equity derivatives daily average turnover on has increased by 70% to 88,772 crores in CY19. (Photo: PTI)

National Stock Exchange of India Ltd (NSE) has emerged as the world's largest derivatives exchange in 2019 by number of contracts traded, surpassing the CME Group, according to Futures Industry Association (FIA), a derivatives trade body. NSE is also ranked third in the world in the cash equities segment by number of trades as per the statistics published by the World Federation of Exchanges (WFE).

“It is indeed a matter of great pride for all of us and for our country that NSE has emerged as a global leader and has achieved this unique distinction of being the largest derivatives exchange in the world and the 3rd largest exchange in cash equities," said Vikram Limaye, MD & CEO of NSE.

Over the last five years, the cash equities segment on NSE has grown by more than 90%, from a daily average turnover of about 17,572 crores in CY 2015 to about Rs. 34,264 crores in CY 2019. During the same period, equity derivatives daily average turnover has increased by 70% from about 52,371 crores in CY15 to 88,772 crores in CY19.

NSE has seen more than 1.2 crore new investor registrations in the cash equities segment in the last five years out which close to 87 lakh registrations were in the last three years. The stock exchange said that a third of the new investors have come from tier 3 and tier 4 cities and towns.

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Published: 21 Jan 2020, 05:16 PM IST
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