BSE has entered into an agreement with MSCI for a number of their indexes. BSE will explore the launch of futures and options contracts in India linked to these indexes, subject to regulatory approvals. This strategic step anchors BSE’s role to further developing the Indian capital market.
The amount of capital benchmarked against indexes and the improved tradability of index-based products via ETFs has led to an increasing need for futures and options. Derivatives linked to indexes can help managers facilitate fund flows and manage equity exposure.
BSE owns and operates the BSE exchange platform (formerly, the Bombay Stock Exchange), the first stock exchange in Asia, which was formed on July 9, 1875.