India in-house react to ISE-Bombay exchange tie-up

Author: | Published: 4 Apr 2011

The proposed launch of International Securities Exchange (ISE) index-based derivatives on the Bombay Stock Exchange (BSE) has been heralded as a positive step to tap into India’s increasingly sophisticated investor base. But derivatives on unconventional indices remain on the drawing board.

Under the terms of the licensing agreement, which is still subject to Securities and Exchange Board of India (Sebi) approvals, the regulator would have to...