Bombay Stock Exchange (BSE) has executed maiden delivery of almonds in shell futures at the exchange's designated warehouse in Navi Mumbai. Amid this lockdown, the exchange managed to complete delivery to the tune of 16,000 kg of almonds in shell futures seamlessly.
BSE’s almonds in shell prices are widely used as reference price for physical market transactions, and helping industry stakeholders with better price marking and quality benchmarking. For the first time, almonds in shell were priced and delivered on a forward looking, market driven basis based on the BSE futures, offering stakeholders greater transparency and certainty. These contracts bring in more transparency, liquidity, ease of trade for buyers-sellers alike, and reinforces BSE's commitment to widen and deepen the commodity derivatives market in India.
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).
