Nifty 50 world's most actively traded contract: Surveys

India’s leading stock exchange, National Stock Exchange of India Limited (NSE) has maintained its leadership position among the major exchanges globally.  

Last Updated: May 12, 2016, 19:59 PM IST
Nifty 50 world's most actively traded contract: Surveys

Zee Media Bureau

India’s leading stock exchange, National Stock Exchange of India Limited (NSE) has maintained its leadership position among the major exchanges globally. Surveys published a few days back confirm the trend in global exchange space.

The survey titled “Derivative Market Survey” conducted by the World Federation of Exchanges (WFE) and International Options Market Association (IOMA) for the year 2015 across diversified product ranges revealed market participants’ continued trust on NSE.

A similar study by the Futures Industry Association (FIA) also endorses the same. All such surveys focused on trading and clearing activities in derivatives, among others and cover responses and trade data from exchanges.

Both the surveys, WEF/IOMA 2015 Derivative Market Survey and FIA study declared Nifty 50 options as world’s most actively traded derivatives contract for the year 2015.

The WEF-IOMA survey reflects that NSE leads world stock exchanges on number of stock index options contract traded in 2015 with the highest annual growth rate (AGR) of 79%. In overall exchange traded derivatives contracts category; - according to the FIA study, NSE witnessed a growth of 61.2% to 3.03 billion contracts, second only to CME Group, while Eurex is at the third position.

NSE named second among top 10 exchanges by number of single stock futures contracts traded in year 2015. During the same period, 9 single stock futures traded at NSE form part of the top 30 single stock futures contracts in terms of contracts.

WEF/IOMA 2015 Derivative Market Survey has not only endorses NSE’s top positions in equity derivative segments but also in long-term interest rate (LTIR) derivatives too. Another new segment - currency derivatives – has also performed. The USDINR futures contract has emerged as the 2nd most traded contract among the top 30 currency contracts traded in 2015. These are relatively a new segment in India.

World Federation of Exchange is the global trade association for the operators of regulated financial exchanges while FIA is the leading global trade organization for the futures, options and centrally cleared derivatives markets.