Friday, April 26, 2024
News

NSE named world's largest derivatives exchange for 2020

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Friday, 2021 3:45:06 AM IST
The National Stock Exchange of India Ltd (NSE) has emerged as the world's largest derivatives exchange in 2020 in terms of the number of contracts traded, according to data maintained by Futures Industry Association (FIA), a derivatives trade body.

The exchange has been adjudged the first rank for the second consecutive year.

The NSE is ranked fourth in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2020.

Vikram Limaye, MD & CEO, NSE said: "It is indeed a matter of great pride for us and for our country that NSE has emerged as a global leader and achieved the distinction of being the largest derivatives exchange in the world for the 2nd consecutive year and the 4th largest exchange in cash equities by number of trades."

An NSE statement said that the number of new investor registrations witnessed substantial growth in 2020, with 70 lakh new investor registrations, the highest in a calendar year and 2.3 times the number of registrations in 2019. In January 2020, NSE saw its unique registered investor base crossing 3 crores and closed the year at 3.7 crore investors.

NSE's capital market segment average daily turnover witnessed growth of 57 per cent in 2020, maintaining a healthy positive trend for the second consecutive year. The volumes transacted through mobile and internet-based platforms have surged, accounting for 35 per cent of cash market turnover.

--IANS rrb/sn/vd

( 257 Words)

2021-01-21-21:40:05 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
JAIN (Deemed-to-be University) Kochi: Sh...
Clarivate Announces Winners of the South...
Indian market facing pressure with FPI c...
RBI announces auction sale of Govt. secu...
Hitachi ACs with air Cloud Go - Wi-Fi sm...
GTPL Hathway Limited enhances its custom...
More...
 
INDIA WORLD ASIA
'No Nitish, No Lalu, only Pappu': Purnia...
'Do not get swayed by any diversionary t...
Lok Sabha 2024 polls: BJP candidate from...
Lok Sabha polls 2024: MP CM Mohan Yadav ...
Lok Sabha polls: Union Minister Nirmala ...
'No comparison to what Modi ji has done ...
More...    
 
 Top Stories
Bihar: Actor Neha Sharma casts vote... 
Clarivate Announces Winners of the ... 
Lok Sabha polls Phase 2: Kerala rec... 
Putin says plans to visit China nex... 
Streax Professional Unveils New Dig... 
LS polls 2024: Madhya Pradesh Dy CM... 
Movement Labs Raises USD 38 Million... 
Highlighting Leadership Excellence:...