BSE becomes India's first Exchange to launch Options on Goods in Gold Mini and Silver kg

The two contracts launched today were Gold Mini (100 gms) and Silver Kg.

Jun 01, 2020 01:06 IST India Infoline News Service

In its endeavour to offer new products to the commodity market participants and to deepen commodity market ecosystem, India’s oldest exchange BSE, launched a first of its kind options on Goods contracts. The two contracts launched today were Gold Mini (100 gms) and Silver Kg. The contracts were launched by Shri S.K.Mohanty Whole Time Member SEBI.

Speaking on the occasion S.K.Mohanty emphasized that this is the right time for the launch of these contracts and congratulated BSE for the launch.

Shri Ashishkumar Chauhan-MD & CEO BSE emphasized that the Options on Goods contracts shall enable small time jewellers,retailers to come forward and hedge their price risk on the BSE Commodity platform.

Shri Sameer Patil -CBO BSE said these contracts are deliverable contracts and shall terminate into physical deliveries at the time of expiry.

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