BSE and SUFI join hands to launch steel futures

The Steel Users Federation of India has signed a MoU with the Bombay Stock Exchange to launch trading in steel futures. BSE and SUFI will work towards enlisting steel futures in both long and flat segments, which will bring stability, risk-aversion besides creating a level-playing field for all players.

BSE offers trading in commodities like gold, silver, crude oil, guar, cotton and turmeric.

Static/Current Takeaways Important For IBPS RRB PO Mains:

  • Managing Director and CEO of BSE: Ashish Kumar Chauhan.

Source: The Hindu

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