BSE, NSE to launch F&O series in 15 companies

Indian capital markets Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will introduce futures and options (F&O) contracts in 15 companies including InterGlobe Aviation and Indian Bank from 31 March 2017.

The other firms are — PVR, Equitas Holdings, Reliance Defence and Engineering, Muthoot Finance, Capital First, Suzlon Energy, Infibeam Incorporation, Escorts, Ujjivan Financial Services, Piramal Enterprises, Shree Cements and Max Financial Services. 

F&O are derivative securities derived from a debt instrument, share, loan, whether secured or unsecured, or any other form of security. It also derives its value from the prices, or index of prices, of underlying securities.
Takeaways from above News-
  • BSE CEO is Ashish Chauhan and was founded in 1875
  • NSE CEO is Vikram Limaye and was founded in 1992.

If you have any other takeaways, do share with us in the comment section

Source- Business Standard

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