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NSE is world’s biggest derivatives exchange, 4th year in a row

Jan 30, 2023

By: BlinkX Research Team

According to a report published by the Futures Industry Association (FIA), the National Stock Exchange of India (NSE) traded the most number of derivative contracts to maintain its position at the apex of the global derivatives exchange pyramid for the fourth consecutive year. Likewise, NSE ranked third globally in the quantum of trades in the equity sector, which is a linear augmentation from fourth place last year.

Further glad tidings for the exchange came in 2023 when the Nifty 50 index touched a lifetime high of 18,887.60 points. A range of product categories have seen growth in liquidity. These include equity, equity derivatives and currency derivatives. Products like Exchange Traded Funds (ETFs) reported 51% yoy increase at Rs470 crores for CY 2022, while government securities  saw daily average turnovers of Rs3 crore in December 2022.

The achievements of NSE have been noteworthy, and all stakeholders involved in realizing these dizzy heights are worthy of adulation. NSE will soon commence its Social Stock Exchange (SSE) as a separate component. The SSE’s holy grail is to empower and uplift social enterprises (mainly NGOs) to demonstrate their efforts and principles on a larger scale. This will also help channelize greater efficiency and transparency to the ecosystem.