Bombay Stock Exchange (BSE) has signed a Memorandum of Understanding (MoU) with the Steel Users Federation of India (SUFI). This strategic collaboration between the two giants would help in stronger and transparent steel trade.
The stock exchange and SUFI will work towards enlisting steel futures in both long and flat segments. This will bring in stability, avert risks and facilitate a level-playing field to one and all players.
BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).