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24-10-18
Oman Crude Oil ready for launch
(MENAFN) Oman Crude Oil agreement is ready to be implemented after market regulator Sebi granted its approval to BSE.
The BSE has tapped into the commodity derivatives segment with gold and silver pacts on October 1st of this year.
BSE also turned into India's first international stock exchange with all assets classes, such as equity, mutual funds, currency, and commodity in its portfolio.
"BSE believes in systematic development of market through product innovation, awareness and research with a view to provide a wider product range to the market participants," as stated BSE MD & CEO Ashishkumar Chauhan.
On the expiry day, the BSE Oman Crude Oil Futures Contract was confirmed to be listed on Dubai Mercantile Exchange Oman Crude Oil prices.
MENAFN2410201800450000ID1097611939
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