BSE, one of the latest entrants in the commodity derivatives trading space, has started commodity derivatives trading in guarseed and guargum. Capital and commodity market regulator SEBI last month sanctioned the exchange to launch futures trading in gold mini, guarseed and guargum futures contracts.
Trading in these commodities has begined with a lot size of 10 tonnes. The exchange will have contracts expiring from February to December in both the commodities. Guar gum and guar seed are largely export-oriented commodities and are driven by global factors.
Besides, BSE tied up with the Rajkot Commodity Exchange, Federation of Indian Spice Stakeholders, Soybean Processors Association of India and Cotton Association of India to launch agricultural commodities.