Exchange: Current Affairs, GK & News - 2020-2021
NSE Clearing Ltd to head SEBI panel to review margins on derivatives
Published: June 22, 2019
The Securities and Exchange Board of India (SEBI) has constituted a working group, headed by NSE Clearing Ltd., to review the current framework of margins in the futures and options segment. The group will look into the issue and submit its recommendations to the Secondary Market Advisory Committee. This assumes significance as lower cost of ..
Topics: Derivative • Economy • Exchange • Finance • Financial markets • Futures contract • Metropolitan Stock Exchange • National Stock Exchange of India • NIFTY 50 • NSE co-location scam • Securities and Exchange Board of India • Singapore Exchange
Vikram Limaye appointed as Chairman of Working Committee and Director on Board of World Federation of Exchanges
Published: October 7, 2018
Vikram Limaye, the MD and CEO of National Stock Exchange’s (NSE), has been appointed the Chairman of the Working Committee (WoCo) and Director on the Board of the World Federation of Exchanges (WFE). The decision was taken at the global body’s 58th general assembly and annual meeting that is currently underway in Athens, Greece. The ..
ICEX launched world’s first diamond future
Published: August 29, 2017
The Indian Commodity Exchange (ICEX) has become the world’s first derivatives exchange to launch diamond futures contract. Initially, the contracts are launched in size of 1 carat with compulsory delivery. This will create an entirely new market for the diamond players where sellers can deliver their certified diamonds to different buyers. The launch will also ..
India’s first IFSC becomes operational at GIFT City in Gujarat
Published: April 11, 2015
India’s first International Financial Services Centre (IFSC) became operational at Gujarat International Finance Tec (GIFT) City in Gandhinagar district of Gujarat. It became operational after Union Finance Minister Arun Jaitley unveiled the rules and regulations for this global financial hub. Key facts of IFSC rules and regulations Aim at creating a vibrant IFSC on the ..