MUMBAI: Bombay Stock Exchange (BSE) India’s first stock exchange and now world’s fastest exchange with the speed of 6 microseconds has crossed milestone with the first-ever delivery of 1200 MT of its Guar Seed and Guar Gum futures contract.
A successful pay-in and pay-out of the contract concluded today for the above quantity. The delivery demonstrates the confidence of participants in BSE in the first month of its operations. BSE is in the process of adding many more agri contracts in its list of products.
BSE launched Guar Seed and Guar gum contracts on February 7th, 2019 and since then it has been gaining momentum. Guar seed had witnessed highest Market-Share of 43% and highest turnover of 131crs in first 15 days of its launch.
For Gaur Seed, there were four sellers and one buyer, whereas for Guar Gum there were two buyers and one seller.[the_ad id=”31605″]