National Stock Exchange of India : First day volumes in Global Indices

National Stock Exchange of India : First day volumes in Global Indices

The National Stock exchange today launched derivative contracts on the world’s most followed indices S&P 500 and Dow Jones Industrial average. At the close of trading at 3.30 pm, the traded value of derivative contracts on S&P 500 futures, S&P 500 options and DJIA futures was nearly Rs 122 crores.

The total number of contracts that were traded in the derivative contracts of the global indices were 4122 contracts.

While the traded value of futures contracts of S&P 500 and DJIA were good, S&P options contracts also clocked in volumes of Rs 50 crores.

This is the first time that derivative contracts on global indices have been launched in India. This is the also the first time in the world that futures contracts on the S&P 500 index have been introduced and listed on an exchange outside of their home country, USA.

NSE has waived transaction fees for trading in the global indices, till February 29, 2012 to encourage active participation in the contracts.
Please refer to the press release issued on liquidity enhancement schemes for trading in global indices.