MUMBAI: BSE India, Asia’s oldest exchange and now world’s fastest exchange with the speed of 6 microseconds, made a stellar debut in in Brent Crude Oil futures trading.
On the second day of trading, the Brent Crude Oil futures on BSE witnessed a record turnover of INR 135 crore. The contract clocked a traded volume of 3, 18, 800 barrels with open interest of 10,700 barrels. The Brent Crude Oil futures was officially launched by Shri S K Mohanty, Whole Time Member, SEBI, on 27th January 2020.
Commenting on the record turnover, Shri Sameer Patil, Chief Business Officer, BSE, said, “We have received a remarkable response in the first two days of the launch of the Brent Crude Oil futures contract. We would like to thank all the participants for their consistent support and look forward to serving the needs and interests of the Indian energy commodities space.”