Mumbai, NFAPost: The National Stock Exchange (NSE), India’s leading stock exchange, has recently launched rupee-denominated NYMEX WTI Crude Oil and Natural Gas futures contracts in its Commodity derivatives segment. This move follows the approval received from the Securities & Exchange Board of India (SEBI) and a data licensing agreement signed with CME Group, which allows NSE to list, trade, and settle these derivative contracts on its platform. By adding these contracts, NSE has expanded its product offering in the Energy basket as well as its overall commodity segment.
The introduction of these futures contracts aims to provide market participants with effective trading and hedging opportunities by offering key energy products on a single trading platform. This move is expected to benefit traders and investors by allowing them to manage price risk and meet their trading objectives more efficiently. NSE has established itself as a trusted exchange over the past three decades, thanks to its robust technology platform that ensures high levels of safety and resilience for trading. Furthermore, the National Clearing Limited (NCL) provides settlement guarantee and collateral fungibility across all NSE market segments, enhancing convenience for market participants.
Shri Sriram Krishnan, Chief Business Development Officer at NSE, expressed his pleasure in announcing the launch of the NYMEX WTI Crude Oil and Natural Gas futures contracts. He emphasized NSE’s commitment to providing a reliable platform for market participants and highlighted the potential benefits these contracts offer. Traders and investors are interested in further details about contract specifications, participation by Foreign Portfolio Investors (FPIs), transaction charges, and other relevant information can refer to the latest circulars issued by the Exchange and Clearing Corporation.
