NSE World's Largest Derivatives Exchange For Fifth Straight Year In 2023
by Argus News
Thu, Jan 18 | 5:42 p.m.

New Delhi, Jan 18: NSE Group (National Stock Exchange of India and NSE International Exchange) has once again emerged as the world’s largest derivatives exchange group in calendar year 2023 by number of contracts traded based on statistics, according to the Futures Industry Association (FIA), a derivatives trade body.

National Stock Exchange of India (NSE) is the world’s largest derivatives exchange for the fifth consecutive year in 2023. NSE is ranked 3rd in the world in equity segment by number of trades (electronic order book) in 2023, as per the statistics maintained by World Federation of Exchanges (WFE). 

The year has witnessed many milestones such as market capitalization of listed companies surpass USD 4 trillion, SME listed companies surpassed the Rs 1,00,000 crore mark and the Nifty 50 index surpassed the 20,000 index levels for the first time. The number of unique registered investors on the exchange surpassed 8.5 crores at the end of the calendar year. 

NSE has witnessed year on year growth in number of clients traded for the 10th consecutive year beginning 2014 to 2023 in its equity segment. The year also saw record high turnover on single day in equity segment of Rs 167,942.47 crores on November 30, 2023, and Rs 381,623.12 crores on December 2, 2023, in the equity derivatives segment. The equity derivatives to cash market turnover ratio marginally declined this year from 2.86 in calendar year 2022 to 2.64 in calendar year 2023. 

The equity segment completed its transition for settlement of all securities on T+1 basis. In the primary market, the timeline for listing of securities has been shortened to T+3 days. 

Exchange launched the Social Stock Exchange as a segment this year which will facilitate the social enterprises (NPO and FPE) to showcase their work to a wider audience & mobilize funds through issuance of instruments such as Zero Coupon Zero Principal Bonds, thereby allowing participants to participate in philanthropic causes and bring in efficiency & transparency in the overall ecosystem. The segment has seen registrations by 42 Non-Profit Organizations (NPOs) and fund raising by one NPO. 


In the commodity derivatives segment, the exchange has launched 21 new commodity derivatives contract including commodity options on futures contracts on underlying such as WTI Crude Oil, Natural Gas, Gold, Silver, and Base metals.  

NSE International Exchange (NSE IX), commenced its full-scale operations of the NSE IX-SGX GIFT Connect from July 3, 2023, paving way for creating deeper liquidity pool for Nifty products at GIFT IFSC. GIFT NIFTY contracts are available for trading for almost 21 hours, which overlaps Asia, Europe, and US trading hours.

Read More Business News

Sriram Krishnan, Chief Business Development officer, NSE said, “Ranking 3rd in the equity segment and being the largest derivatives exchange demonstrates the strong capabilities of Indian capital market ecosystem on the global map. This will help attract new investors as well as fund flows to Indian markets, thereby aiding capital formation. I take this opportunity to thank Government of India, Securities and Exchange Board of India, Reserve Bank of India, Trading members, Investors, and all other stakeholders for their continued support.” 
 

STOCK MARKET
29m ago
Sensex Closes Up By 992 Points, Adani Ports, L&T Top Gainers
Mumbai, Nov 25: Indian equity markets closed in the green on Monday as heavyweights like Adani Ports, L&T, SBI, HDFC Bank, and ICICI Bank uplifted the
CONSTITUTION
56m ago
SC Trashes Pleas Challenging Insertion Of ‘Socialist’, ‘Secular’ In Preamble To Constitution
New Delhi, Nov 25: The Supreme Court on Monday dismissed a clutch of petitions challenging the insertion of the words "Socialist" and
SAMBHAL VIOLENCE
Amid Prohibitory Orders, Samajwadi MP, Others Booked For Sambhal Violence
Sambhal, Nov 25: Roads in the trouble-torn Sambhal city in Uttar Pradesh on Monday bore a deserted look, with the administration issuing prohibitory orders
CRICKET
BGT 2024-25: Very Proud Of The Way We Came Back After Being Put Under Pressure, Says Bumrah
Perth, Nov 25: After India secured a comprehensive 295-run victory over Australia to take a 1-0 series lead in the five-match Border-Gavaskar Trophy series
ODISHA
PM Modi, Amit Shah To Attend DGPs' Conference In Odisha
Bhubaneswar, Nov 25: Prime Minister Narendra Modi will pay a three-day State visit to Odisha from November 29. He is scheduled to attend the DGPs'