February 4, 2010

NSE’S NEWS UPDATE

Currency Derivatives Segment

Another milestone on NSE in exchange traded Currency Derivative contracts

Trading in futures contracts on new currency pairs viz. EUR-INR, GBP-INR & JPY-INR was commenced on National Stock Exchange of India on Monday, February 01, 2010. With the inclusion of these three currency pairs, the Exchange now provides trading facility in all major currencies against the Indian Rupee, thus facilitating currency risk hedging in an efficient manner.

Market participants’ responded enthusiastically to inclusion of new currency pairs. The three new currency pairs clocked 1,98,761 contracts resulting from 7,762 trades at a total value of Rs 1,277.13 crores.