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March 15, 2023
BUSINESS STOCK MARKET

NSE: World’s largest derivatives exchange for the fourth year in a row

NSE: World's largest derivatives exchange for the fourth year in a row

The National Stock Exchange (NSE) has once again emerged as the world’s largest derivatives exchange in 2022 in terms of the number of contracts traded. The Futures Industry Association gave this information. NSE said in a statement on Sunday that this is the fourth consecutive year when it has secured the top position.

Additionally, NSE ranked third in terms of number of trades (electronic order book) in the equity segment in 2022 as per data from the Global Federation of Stock Exchanges (WFE). This position was fourth last year. Sriram Krishnan, Head of Business Development, NSE, said, “The achievement of being the third largest exchange in equities and the largest exchange in derivatives is the result of the cooperation of all stakeholders.”

The benchmark equity index-Nifty 50 touched an all-time high of 18,887.60 in the calendar year. In addition, there was significant strengthening of liquidity across several product categories including equity, equity derivatives and currency derivatives. Exchange-traded funds (ETFs) daily-average turnover in the equity segment stood at Rs 470 crore in CY 2022, a year-on-year (Y-o-Y) growth of 51 per cent.

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